(Total Views: 733)
Posted On: 06/09/2020 6:25:02 AM
Post# of 145915
The question to ask is why an additional 100 million shares A/S when 30 million shares would be more than sufficient no matter what comes up. The only reason to have more than 30 million would be if we're paying someone to distribute for COVID-19 and keeping a larger percent of the profits while meantime building a salesforce for future indications.
Potential 4% dilution is always going to look better than 14%. From the optics for potential shareholders to showing a strong belief in COVID-19 approval. Since a COVID-19 approval should follow soon after the vote a huge warchest won't be needed for uplisting. Maybe Nader wants a stash of shares to entice future employees. Being in profitability shares can be bought back and used as bonuses.
Potential 4% dilution is always going to look better than 14%. From the optics for potential shareholders to showing a strong belief in COVID-19 approval. Since a COVID-19 approval should follow soon after the vote a huge warchest won't be needed for uplisting. Maybe Nader wants a stash of shares to entice future employees. Being in profitability shares can be bought back and used as bonuses.
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