Ann: Notice of General Meeting & Grant of Waiver, page-4

My understanding was that the previous round of funding had a caveat on it that D13 could not raise any additional funding without their approval.

So the only way they were willing to give the approval, was if their own shares we adjusted from 10c to 4c...

Which is complete and utter horse shit!

Does that mean any shareholder who also bought shares at 10c, are suddenly going to get 2.5x the number of shares?
NO.
Previous financiers took a risk to finance at 10c, and they should be held to that, same as any shareholder who took part in Cap raise at 10c

I doubt this stock will trade again.
IP will be sold off, and Debt holders will use this as a shell to backdoor.

And all the retail holders are once again shafted royally