1 bil share question. GC response: need shares first to prevent negative run on the company is one of the key focuses. to expand and perform strategic transactions to have them available for aquistions. larger bp investors want to know that they are not investing in a company that had an inappropriate cash structure. possiblility to raise cash at higher price points in the least delutive structure as possible. seen other company to survive by dilutiing over the years and this is not the direction they want to go. Alow largers institutions to take larger positions in the company.
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