Exactly, it doesnt matter for them if the share price is up or down, they get paid their $1 million from the company accounts as long as the money is there. They dont care about diluting holders to raise money, as long as money is coming into their bank accounts they can keep the party going, they get paid no matter what the share price is.
Whats their history? Have they done this before with other companies? You would be surprised what a little digging does, Ive stumbled on directors who have been pulling the same old story for 30 years plus, left a trail of failed companies and broke share holders, but they keep manage to sell a story and get paid millions along the way.
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