Ann: Trading Halt, page-109

"Also, the simple fact of the matter is that many people probably bought in a prices way higher than we are currently at, even if they raised at 50 cents, there will still be mass dilution for many long term holders."

I do not follow that logic would not the dilution be only around half as much if the sp was twice as high ?
One advantage of raising now though is it ensures Directors have a less risky business model to deal with ensuring they have a better CV for their directorships , I had a less polite vernacular to use but decided to refrain .