Im not the best at interpreting filings but I imagined the S1 as a real meeting where heads were smashing and voices reached a fever pitch.
Previous mp execs (3 stooges as called here) stood up and yelled "if we follow your advice there in NO way we will give anti-dilution rights....especially if we don't get them"
Something is on the way.....I've tried to go through a ton of penny company filings and have yet to see one that is speaking so clearly with the sec all the while leaving us in mystery land