RE:RE:RE:RE:New Form 6k =Massive DilutionSadly this chap is correct. I absolutely hate the share dilution, they pulled this garbage before the RS. Now it's do or die unfortunately. They don't have a real business that makes money, they have zero income but decided on going a route that takes 100 million to make a buck. We are screwed. If they don't screw us with share dilution they screw us with total loss. We can't win. Yes they could raise capital by selling that cash cow building but let's be honest. Only one two people that thought the building was worth anything was Anthony with his 420 million valuation and Neit. Nobody else thought it was worth a buck and now is proof. Nobody is buying it. So the only way for them to stay afloat is steal more share value from us.
Parminder wrote: but at the same time , if they dnt raise capital they are not going anywhere probably chapter11.
only fixed assets they have is building.
Prismic founders invested 3 million dollars to get patent and all legal formulaties ( start up) , sold it to Fsd for approx 17 million .
now all these trials need millions of dollars . Not at all surprise with dillution it was coming . Atleast we have same institutional investor coming back to invest again. Positive vibes FSD-201. No pump being logical . They have to raise money .