RE:Proxy Nail In The Coffin IMHOand I forgot, the circular (READ IT) is outrageous.
Reasoning with the RS, that they can raise cash at a higher SP - totally denying the fact that your share count gets halved. Now isn't that funny?
Yes, raising cash is the biggest reason resonating here, anything else is nonsense.
Fool me once, ...
By the way, so they print 38% 23M new shares.
Top it up a bit and maybe shareholder won't even notice that:
- doubled OS with opaque acquidition of an unknown entity (HC)
and raising a few millions.
- then RS down the OS and end up at same price *if god willing* (probably lower)
and when did this new journey start?
On an April the very joking 1st ;-)