Ann: Appendix 2A, page-83

This is essentially what it is about. Three million dollars will hit the company's coffers in the next few years, and the really sharp investors here saw something way quicker than others.

These are the same shareholders who bought the stock in the lead up to 2cents, or those that chased the stock assuming there was going to be a one for two rather than a one for four issue.
Well guess what, once we knew it was one for four, the price came back a little.

Yes, the company should have done this better and weay have ended up with a two for five in the end.

I don't really care as I hope it's about leverage. I hope the Canaries in the coal mine still have plenty of cash reserves for future share price appreciation.
But I would have had a twelve month embargo on selling.