"Use of Proceeds" = N/A?Can anyone provide more insight into what might be going on here from a corporate finance perspective to help the rest of us understand? Granting 5,400,000 Stock options at $0.10 and stating the "Use of Proceeds" as N/A seems a little unusual to me as surely there is a use!
Again, what started out as a great story (Sproutly) is crumbling under the weight of obscurity. The options issuance could be 100% legit and actually a good news story? However, with a communications strategy that seems to following the CCP playbook, how the heck would existing or prospective investors know!
Dolo is starting to resemble a "let them eat cake" kind of guy and I never felt that way before but...
Yes, I'm complaining but geesh, toss us some crumbs to nibble on while we wait for the story to continue. This is one long intermission!