From my memory, the last few CRs were performed using the company that CG's son works for .. shareholders were excluded from these raises ... and afterwards there were big pumps and then massive dumps ... (remember when CG feigned surprise in a video interview as to why the sp was going lower when he was also selling? Eek!)
I'm just not sure where the incentive will come from to pump the sp after this miserly, extraordinarily highly dilutive SPP. Who would that benefit?
The SPP will raise enough to achieve, if the long history of LRS is to repeat, bupkis, in terms of shareholder value. The real issue... why raise using shareholders this time? Because, chances are, that money will be burned and no pump will come. Stay tuned. All in my opinion, of course.
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