I’ve never heard a rational explanation with concrete tangible details as to why QTMM shares must be diluted in order to registered. “Steve says so” isn’t a rational explanation and is completely void of concrete details. Same with puffery about future catastrophes or future fortunes. If it can’t be tested for objective truth or falsity, then it’s a statement that is neither true nor false, which is the language of con men, hucksters, shills and other reptiles.