$IBIO @StockTraderDude1 i hear what you're saying, however, while the wording sounds eminent, this is language is std when it comes to any possible r/s vote that's on the docket. However, having it on the docket doesn't mean it's eminent. I also dont see how the eastern capital & lincoln park capital who own 49.9% as of 01/09/20 would want to see more dilution on their behalf (also keep in mind that lincoln park can purchase up to $16mm worth in shares, where currently they own 6.7shrs ($2.3mm)) the preliminary proxy statement focuses mostly on its' sub-landlord and lease pmt schedules..... this along with raising the amount of authorized shares def smells like a capital raise is on the table.
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