Dec. 25 at 2:07 AM
$RZLV I can appreciate shareholders risk profile coz many companies who "allott" shares use it as ATM/cash. That is not what RZLV allotment is for. Take note that the Board must still approve "issuance" of shares. A reminder the massive insider ownership of the company - they would not allow institutional investors chip away ownership % of the company. Ultimately if/when there is a need to issue shares, it is to acquire companies for growth - you want the acquired company/people to be committed to your company's future growth and not just sell up shop and disappear, so you give them shares not just cash. All successful companies have done what RZLV is doing today trading in the
$100S per share. RZLV doesn't need to sell shares for cash (only if necessary) coz they can sell SQD crypto currency for that. What RZLV is asking for is the flexibility to act decisively to issue shares when M&A opportunity arise and to incentivise teams to increase shareholder value not just work for a salary.
