They also need to follow thru on the terms of the deals. If it says they are going to register the shares, then register the shares. Now to say with the warrants and conversion they would own more than 4.99% of the company and that is not allowed, how did they not know that would happen to give such sweet terms. Bad lending was given in apparent desperate times, that we keep getting told are not desperate. Joe takes his plays from our...cough...President Trump. They say and do what they want and don’t care what it means to others.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.