Ann: Exercise of Placement with Acuity Capital, page-9

Why are you complaining? Its only another 100 million shares to help pay the CEO's wages and a few lengths of steel.
GMC will need to hand out another 100 million shares to pay for their next batch of concrete and then another 100 million shares for the roof sheeting and just when everything is looking hunky dory GMC will issue another 100 million shares to pay for the first shipment of FeSi to start production.
If you're a wiseman you should've taken money off the table at 1.9 or 2c