Yeah, sure. We just filed an F-3 registration, and we just filed a proxy to increase the authorized shares at a couple other activities. So, I'll walk you through that real quick. We met the market cap standards to file an F-3 registration, a $75 million shelf registration. That doesn't mean we're raising $75 million, nor does it mean we could raise $75 million. What it means is we were eligible to file an F-3. We hope to get effective under that F-3, and it means potential access to significantly more affordable financing for us as a company. It takes us away from having to do some of the deeper discount financing we've done in the past and allows us to get effective and negotiate deals in those types of things at the time we're effective. There are a lot more advantageous to the company and a lot less dilutive to shareholders. So, it made a lot of sense for us to do that. We pick a high number so we have the ability to pull from it over a period of time if we need to, but that was a huge step forward for us to be able to have that level of eligibility, to be able to even file it, and we hope to be able to get the thing effective. We've raised our corporate governance standards. We've uplisted to the QX. We've increased our revenue and margins and all the activities we need to do to make the company healthy. So, we hope that brings some semblance of comfort to the industry that's out there as we go into this filing. In addition to that, we raised – we filed a proxy to raise our authorized shares. We did so for two reasons. Number one, we needed the extra shares to be able to give the common shares out to the owners of Blum, the company we just closed on, number one. Number two, we need to make sure we have additional shares for financing in the future, for example the F-3 registration. And number three, I wanted an extra pool of shares to be able to have for additional acquisitions. Like I said, while we're focused on this long game of building out permits and Nevada and other locations, we wanted to make sure we balanced that with short-term activities that brought instant revenue and instant margin to the company. So, short-term acquisitions in the California marketplace are a primary focus for us. We've got great relationships here. We know a lot of owners. There's a lot of people that are ready to cash out, so we wanted to be able to take advantage of that, and I'd love to be able to use the equity in order to do so. So, we wanted to make sure we had a pool of those available for that as well. And one other activity that's probably an eye-opener for people is, we put some language in there to give us the ability to effect a reverse split at some point in time. As I've said to our shareholders from day one, our goal and objective is to be listed on an exchange, and to do that we need to meet price parameters or price per share parameters. And one of the only ways to be able to do that if we can't perform into where we need to be in that short duration is to conduct a reverse split. So, we certainly have no intention to do that into a vacuum, as I've said before, but we do want to have the ability to be able to do that in congruency or in concert with an up listing, and we don't know when that will be. A lot of it's going to be when the NASDAQ or when some other exchange is ready to take companies like ours, we are certainly making certain that we fit the compliance parameters, the corporate governance parameters, the shareholder's equity which we already have achieved parameters and those types of things. |