Re: Sneaky Timing On SEC Filing
in response to
by
posted on
Apr 07, 2012 03:17PM
Edit this title from the Fast Facts Section
"The Board of Directors has no other plans to issue the additional shares of common stock. The Board desires to have the shares available to provide additional flexibility to use its capital stock for business and financial purposes in the future. The additional shares may be used for various purposes without further stockholder approval. These purposes may include: raising capital; providing equity incentives to employees, officers or directors; establishing strategic relationships with other companies; expanding the Company’s business or product lines through the acquisition of other businesses or products; and other purposes."
I'm just wondering what everybody thinks about this.Does this mean more dilution, at a low share price again, to raise money to get us through PDUFA, or could this be part of a partnership agreement,or is this just a preemptive "just in case we need them later" deal?
I'm also open to more possibilities because I'm not really sure what to make of this.