(Total Views: 339)
Posted On: 12/18/2021 2:35:25 PM
Post# of 6857
Doc could have created class B shares with three times the voting power of the current class A shares. He could have awarded himself 51% or whatever percent of those class shares for protection and it wouldn't have diluted our share price.
If it was a money thing he could have issued warrants with an exercise set on a price or date limit in the future when we expect UNVC revenue to be able to handle it. The 1 billion dilution still hurts me mentally.
Also, I have always called Doc a big board CEO, still believe he will be. But a big board CEO does what he says and gets it done no matter what. If not you lose partnerships, contracts, bank financing, and credibility.
Yes it's complex for UNVC but most publicly traded companies are complex and have nasty regulatory hurdles. Turn on the lights, and get it at least started.
Been holding that in for a while, thanks for letting me vent. And the dilution... It's ok just halves my expectations.
If it was a money thing he could have issued warrants with an exercise set on a price or date limit in the future when we expect UNVC revenue to be able to handle it. The 1 billion dilution still hurts me mentally.
Also, I have always called Doc a big board CEO, still believe he will be. But a big board CEO does what he says and gets it done no matter what. If not you lose partnerships, contracts, bank financing, and credibility.
Yes it's complex for UNVC but most publicly traded companies are complex and have nasty regulatory hurdles. Turn on the lights, and get it at least started.
Been holding that in for a while, thanks for letting me vent. And the dilution... It's ok just halves my expectations.
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