Massif DilutionLast year around this time there was 39,861,016 sheares outstanding..
As of May 15, 2024, the Company had cash and cash equivalents of US$23.6M and working capital of US$22.8M. There were 60,485,477 issued and outstanding common shares.
that is a Cool
55% Dilution at dirt cheap pricing under 30c pre split..
and as I understand it, in a gesture of good will, management threw in 1.5 mill...consulting fee with the last financing..
Moving right along...lmso