The stock was sold at a discount, because that is the way Pink Sheets companies raise capital.
Here's a good one: Did you think they sold the stock at face value OMG LMAO WTF LoL!
Maybe try this: It's not like they can go to the bank and pledge the stock as collateral at face value OMG LMAO WTF LoL!
Or how about: It's not like they can approach private equity and sell the stock at face value OMG LMAO WTF LoL!
The reason CEO Evans had to raise additional capital is because External Influences engaged in Value Destruction over a period of months and years. External Influences cost SGCP shareholders 2 billion shares, and are the reason CEO Evans had to deal with Bronson in the first place.
That's the element that repeatedly gets conveniently "overlooked." Of course it's always easier to grant self absolution and blame everything John and CEO Evans.