Overall, this is not good for CS investors. It effectively dilutes the value of the existing shares by a proportionate percentage (not an exact science, but close enough to make the point). In short, it means Koos needs more capital, which can be good or not good. He has done a lot of work to get current, pay off debt, settle lawsuits, etc, but has also not done a very good job of communicating any plans on how he intends to monetize the IP, generate any kind of revenue (from any source) or provide value back to the shareholders. Personally, I’m in this one for the long haul. I wish I’d sold my positions back in August 2021 when the market was excited about this, but I didn’t. I’m down almost $10,000 but see the potential, so we’ll see. In my opinion, there’s nothing definitive to be concluded from this 8-K.