El Capitan Precious Metals Inc (ECPN)

[georgeiporgi]

For those who say there is no dilution goin on, how do you explain the data below? Looks to me like the dilution acceleration pedal has been recently pushed to the floorboards. All to raise a bit of money when they say they gots $3.7 million in dirt gathering dust in a Tuscon warehouse. Truth is they can't give that worthless dirt away.

https://ycharts.com/companies/ECPN/shares_outstanding

Aug. 15, 2016 359.17M
June 30, 2016 324.97M
May 16, 2016 316.51M
March 31, 2016 311.18M
Feb. 16, 2016 307.68M
Jan. 11, 2016 307.68M
Dec. 31, 2015 307.68M
Sept. 30, 2015 285.40M
Aug. 14, 2015 282.55M