a financier getting shares at the deal price. The float should go up substantially but the company apparently needs money to get ready for commercial production and the share price potentially may be reaching a new height within a few months or so.
Only the guy who owns 30M shares of this company perhaps knows about it?!! But, since this a company listed in the exchange and reports to SEC, there has to be some dependability of its operations. Hope SEC and the exchange are doing their job apprpriately!!