On the potential for a cap raise, surely they know right now whether one will be required and how much. So what’s their strategy? Wait until the SP gets ground down to ATLs then dilute the hell out of us? Maybe e-Lovu is already printing cash and they won’t need one, but who the hell would know? The communication of this team is horrible. I emailed their shareholder inbox two weeks ago about the GC webinar and still haven’t heard back.
Ann: Board & Management changes, page-9
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