Nonsense. More voting power and equity to the common shareholder. Stock price went up on the news that they are not going to be registering shares for sale. MDBX came out smelling like a rose and the shareholders are appreciative, I'm sure.
Regulators? I think all they regulate is how much alcohol they can consume while at work, how much porn they can watch at work, and how much they can allow the public to be defrauded before it becomes a topical news event.