I told you guys this company is going to issue more shares yesterday!!!
Not that I know anything inside about this company, this is just a common sense!!!
They are running out of money and they need more money so they issue shares, that's it!!!
They could offer even much more shares in the future if they need more money.
For sure they would need more money since they are still developing their network which is never going to bring any profit just like $100M government money spent and did not bring them any profit.
This is going back to $1 - $1.25 with triple heads in a few months.
Run as fast as you can since this stock has no institution buying, only small investors.
Why do you need to prove anything Y? You make no money either way. If this stock were to go back to a buck I would seriously consider selling everything I possibly could to purchase shares. IMO this stock is cheap at 2 dollars.