So...to you, an increase in the Authorized shares automatically means full dilution to the full amount of the Authorized shares?
Seems to me that would be terribly irresponsible of them and would hurt them more than the little investor. Given that they hold more shares than most of us here.
That does not necessary mean they will dilute,they have more shares to grow the company to be a dollar stock soon, And don't forget test results are next month just a stone throw,so buy the dips and you will be smiling soon.IMO
While it does suck that the 1B A/S happened, it does make sense as the only way for the company to get further funding, especially with no revenue coming in (yet) and a weak cash position. Most baby BIOs are like this. Now how AMBS plays their cards will determine the outcome.