What's your read on this? I reread your original post, in which you surmised that cor management would use the share increase to do a PIPE and buy 6 months. In the more recent post, it looks like you think that there is more collusion going on.
Why not just sell the IP to the party who offers them the biggest sweetener? Why go through with all this nonsense? What are they going to do in 6 months that will change anything? Whether or not they find 6 more SA participants is moot; the company is broke, and that determines the deals they can choose.
I would be grateful if somebody here could explain to me why doubling the amount of shares would be advantageous to anyone.