Mar. 4 at 3:18 PM
$INHD Hi all, I come with speculation:
The company said equity raises would be for acquisitions. They raised 35m+ since they said that.
They issues 4.35m shares to 10-14 investors between both January raises. If you look at the sec filing for Mondays meeting - roughly 4.5m shares voted for all measures.
The share issuance, the authorized share increase, the reverse splits, the investors involved - theyre all related to the acquisition they told us was coming.
Just a guess.
