Saturday, June 25, 2016 4:13:23 PM
Dilution, in fact, is not a business necessity for thousands of stock companies - it is only a necessity as a last resort for those that cannot manage a profitable existence without traditional terms of finance, and is nearly always at the expense of shareholders. The remainder of your comments relative to BIEL selling shares at a dollar is fantasy, rendering the conclusion irrelevant.
BIEL does indeed need dilution (notice, please, the lack of 'physical' as a qualifier for 'dilution'). If BIEL cannot eventually survive without dilution, shareholders are....screwed.
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