Supercat. Let’s look at their next CR, this cannot be until Sept 2019 and the maximum shares they can offer is 576m. Let’s then say that we’re fed up coughing up our hard earned cash to just to line the pockets of Toads Directors who do nothing for minor SH ( I am ) and none of use including OCJ don’t take up our options. Then let’s say Toad proposes to take up all unsold option. End result Toad only increases their % holding by 5% ( there’s no immediate benefit in going from 55% to 60% IMO at that stage ) and they can pay THEIR BOD themselves prior to any further 2020 CR by which BBIG extension expires ( worse case scenario ) and Toad/FMS couldn’t delay this project any longer beyond then IMO.
With this in mind I won’t participate in any 2019 credit raising as it would effect the value of my share IMO and Toad can fully fund their own puppets as it’s become a joke why WERE paying these characters
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