No, of course you're right. A billion shares is concerning dilution and that is sugar coating it. No argument there.
What I am saying is that I believe there is a two pronged opportunity here- 1) The H2/Bev Graph is the most credible play in terms of probability where money could exchange hands any day now. If that were to happen, you as well as anyone on this board would witness one of the greatest single day stock pops we've ever seen as it relates to this company. Why? It absolutely would not be based on company valuation as there are now 6.4 billion shares or whatever you said but would be based purely on emotion; an actual sale which would put Coates on the map. 2) The Shanghai opportunity: If China is seriously willing to invest into this technology in an industrial park setting (billions of dollars), well to me, that is the most exciting opportunity on planet Earth and I don't think it's as far fetched as you make it out to be. They are talking and if that trigger gets pulled, Coates would be mentioned in every major news agency in both hemispheres. Either way, I'm simply proposing that dilution will stop immediately when the H2 money changes hands based on an average of how much Coates spends per month.
