Not too sure what this means...????? Anyone help me out?
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It looks like the company is setting up to borrow OR sell shares or sell bonds (RAISE MONEY) up to $250 Mil over the next 25 months. Hopefully it will be money to match a German government grant, but seeing the state of things in Germany today, I doubt it...It seems to cover everything, even a sale of the CEO's shares (piggyback). The details will come in another document that will specify just what they will do. This appears to authorize anything !
The shorts will be happy as the rollycoaster will begin come Monday morning..