I'm not insinuating they are in the market yet. From what you said, I take it they were offered in a 504 private placement. That means they are restricted ( not floating) for probably one year. Yet, they still exist. That will lower the price per share by approximately 70 percent. We have no idea what the future brings. I'm not being a cynic. I and most people don't like to see dilution in general. Obviously some is required.
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