I've was still scratching my head in consternation about why the share counts weren't reported along with the 12 month management report, but then it did dawn on me that the fiscal year was changed at the last annual meeting to end in September instead of March, so this 12 month management report wasn't the audited fiscal year end report that will surely have total share numbers. So it's probably nothing. I do wish there was a little more clarity how the preferred wheeltug shares translate to common stock. It sounds like there is some fair bit of private money invested there, and those investors will certainly want their slice of the pie once planes start rolling (so to speak). Being transparent about wheeltug shares will only benefit boref, imho.
I'm sure we're all expecting some amount of dilution, but surely they have to tell us how much that is? Why not continue to simply include share count information in the annual report? Given that boref is really a proxy for buying some amount of wheeltug for most of us, it's frustrating that this information is withheld--especially since the company has been transparent thus far.