In regards to the 3 million they MAY sell. This is just a common formality that they are officially registered and not restricted any more so they have the option to sell just like me and you do. Doesn't mean they'll sell a single share for the next 50 years. This is my understanding.
As for the up to 75 million....dunno WTF that is all about. It could come in all sorts of forms, possibly non-dilutive. Best case scenario it too is a formality to keep their options open for possibly financing some monster deals or making a monster acquisition. Maybe there will never be any dilution from it. Maybe there will be a ton. Details are near non-existent right now and the timing is interesting but inconclusive at least until we see the earnings report and/or conference call details. For now, it's somewhat interesting that it said the money would be used for working capital purposes....WTF? Last Q they had plenty of capital. So for now I conclude one of four things are true -- either (1) this is a formality just as an option to have for the future, (2) this is for some future big deals hence working capital or acquisitions, (3) the quarterly results about to come out are a disaster and they're in desperate need of money or (4) They're idiots.
We shall see shortly.
Market Data 
Markets 
AI
