RE:RE:Liberty Defense "Transformation Plan"...Well, if you read the release : they raised $ 40 millions so far to commercialize their tech. Their market value is $ 8 M. Sounds like a typical mining junior and capital went to money heaven.
Now they need some cash. If you assume that the need another 8 Million, they would need to double their share count and issue another 160 M shares. Not feasible and not pretty.
So, no choice than to do a RS.
Do they need this to stay alive (bad) or for growth (good) ? My guess is to stay alive, so not good. And they do mention listing on the Nasdaq : big red flag bullshit, they would need a 100-1 conso, not a 10-1.
So, not looking good for these guys...