The banking thing is not complicated, is SOP, and suffice it to say any incentivising wts would be a "small" fraction of the dilution PPHM constantly suffers from ATM sales at 25% of discounted fair value as currently computed in at least three analytical reports. Since PPHM mgmt and BOD show no inclination to make any signifigant changes in this area let's save the whole detailed discussion for some future time when it may be relevant.
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