Why would you issue shares in this price range unless you saw real trouble. Why on the CC did CEO say they would not use shares to make big payment that are due this month when shares were 15 bucks because they were undervalued.
They're going to put it to a vote to increase class-A non-voting authorized to 120 million. They're not in the float yet. Go to the NASDAQ website and look at the latest SEC filing.
Sentiment: Strong Sell
They are not issuing shares.
What is it they are doing then?