yes all common shareholders have a vote. The company will announce a record date and if you own the stock on that date you can vote. Preferred shareholders also get a vote but the Cadwell $5M hasn't been turned into preferred yet. The whole process takes months
There are no shares available to raise new money so no dilution until reverse split. Can't reverse split without a proxy and shareholder vote.......dilution months away
yeah I'm a pumper lmfao. At least I've been buying and make money and am proven right. What do you do besides question others and play both sides of the fence
i did back it up, I pulled data directly out of the Q that you probably tried to read but couldn't comprehend, hence you're the board moron
and if you were dumb enough not to be selling in the .004's and .005's like I was that's your problem. They didn't conduct any testing, just submitted a de novo in december as a hail mary with the stock at .0005 at the time and no cash, thats why they couldn't test first and submit properly. Now they have no choice but to test as per FDAIf you're dumb enough to think they will raise $5M at .001 and issue 5B more shares on top of these 2B I feel sorry for you
you're very combatitive against fellow longs, no wonder you get attacked by the board and are known as the board moron.
assumptive with regard to my speculation? it's not speculation its right there in the Q, insiders fund the business. As for preferred shares, that's the only way to get $5M to convert at .015. Since there are no shares left they have to issue preferred shares. Not to screw common holders as you falsely assert, but so they don't have to reverse split the stock yet and toxic guys can start pounding again. And they're not going private, just more uninformed assumptions by a paranoid person. Being public gives them access to capital. The $5M that you claim they need, they don't need for quite a while. between now and then there are several potential catalysts to potentially take the stock. This has all been discussed ad nauseum, but clearly you just felt like being the DB you are
raised $571k, $168k from insiders
cash used $544k
Proof insiders continue to fund the company until there is a step up in valuation. No major dilution coming until the stock is much higher
Cash raised first 6 months: $571,019...$168k of that from officers/insiders...rest from friends family.
Cash used from operations: $544,991
Pretty clear the company doesn't need "major dilution"
Proof insiders are funding the business until the price gets much higher
G&A down 65% and operating loss down 40%......running a tight ship and not spending money. Doing more with less $$$$$. rent of $1500 vs $11k last few yrs. Jim being very smart and frugal. No wasted expenses