otherwise diluting your shares by 30% could make the share price $2 or LESS. Small companies like IMUC really need to get their share price to about $10 to make it more attractive to many mutual fund mangers. That benefits the shareholder, thats Real Shareholder VALUE. Most MF mangers will not buy/consider stocks less than $10. Right now the company has no debt and already has $25 MILLION CASH. But adding 50,000,000 shares is similar to going in debt $142,500,000 , the only thing is its debt to the shareholders- Management gets a WINDFALL and we the shareholders get the bill. The company has not given any CLEAR AND CONCISE info what they will do with 50,000,000 newly diluted shares. If you take two seconds to think about the company does not need 50,000,000 shares. No one here on this board has yet to give a clear explanation why Shareholders should vote for the DILUTION. oh but they love to throw around a bunch of over used words like "protection from a buy out" , or " incentives " ( geez they only have 5 full time employees) or for "possible purchases" or they need it to "move forward" . Please, Shareholders see right throw their BULL. its pure GREED, ...VOTE NO
The best "clear explanation why Shareholders should vote for the DILUTION" ... is because, when the naysayers start getting hysterical, it's time to do the opposite. No other reason is necessary.
The first 100 times you posted about this 'issue' I thought you guys just had an agenda, but the second hundred times I just thought you were actually crazy, the subsequent times became comedic. But you know what? This last time I think you've changed my mind, yes by spouting the exact same thing for the billionth time you've made me see the light.
Oh, hang on. No you didn't.
Do you realize that you have spent your entire weekend on this message board trying to pursuade investors votes? Do you realize that your countless posts everyday are not going to change the outcome of the vote even slightly? Go spend some time with your family, wife, husband, or whatever and stop wasting your time on things that you cannot change. Go for a walk, ride a bike, go fora boat ride or get outdoors for awhile. It will do you some good. Stop posting the same old #$%$ over and over every 20 minutes.