RE:RE:RE:RE:RE:Moratorium Hmmmmmmmm- That's not Seto's fault. The company was valued at 32 cents. Obviously the board deemed it fair value. They must have run their own NPV calculations. Their numbers vary slightly from MMs but it's not an exact science.
Nobody has been willing to pay more than 40 cents a share for 8 months, despite managements best efforts to improve the share price! So they benefitted from the situation. In that context this was very fair dilution.