dm spoke to idc ceo "working on transaction", page-3

Kiwi
"We are finding a better shareholder solution so this doesn’t happen…. But we will get a transaction done now that there is a new board."

How is the latest Cap raising "finding a better shareholder solution" ???
This message from Steve is contradictory to what has just happened.

Note
You need to keep in mind that I added to my holdings recently twice at a much higher price.
So you ask, why I'm posting the way I am, because It's the way I see this ATM and it doesn't look good for now.
I've folloed 2 goldies that have gone all but bust on promises and deceit to S/Hers.So I'm protecting my interests.
I hope Steve does pull a rabbit soon, but I have my doubts, Investor/JV partner has been all just talk for a long time now.
4.2 raising is my WARNING BELL
DYOR JMO