I said I’m not familiar with it, but I have cert

I said I’m not familiar with it, but I have certainly heard about it.

I’m familiar with companies filing registrations and selling at a fixed price, as well as companies leveraging assets to raise funds.

The dilution via the sale of unending unregistered shares at a discount generally means the company is insolvent and must sell shares just to keep the lights, which is the case here.