I think that is where they slipped up. That statement coupled with Joanne Melton's mention of a share buy back, etc.. And then add in the dilution on such news... It is somewhat disingenuous of a CEO to paint this picture only to do a surprise RS of the magnitude they chose. It stinks to high heaven and sits perfectly in-line with the grey area business history of those who collaborated it. This is why the SEC is probably taking all the investor complaints seriously.
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