There is no dilution here.
This is a classic "Dump".
Longterm holders have given up on this stock.
And who can blame them?
They bought in at about $0.0020 PPS back in 2009.
They paid for 10,000,000 shares back then = a $20,000 investment.
Then that stock price went from $0.0020 to $0.0001 by the time 2010 rolled around, a year later.
Now their $20,000 investment was suddenly only worth $1,000 (1/20 of the initial value).
But that is BEFORE the reverse split in early 2014.
Next thing you know, their 10,000,000 shares were converted down to 50,000 shares, worth $0.02 per share after the reverse split ($1,000 total value).
Still 1/20 down from their initial investment.
But then, the stock has climbed down from $0.02 per share to 1/50 of that at $0.0004 currently as of today.
So now their $1,000 worth of SYNJ (actually initially $20,000 worth of SYNJ investment) is now worth $20.00 as of "TODAY". That's right, just $20.00.
At this point, the LONGS have had enough. "GET ME MY TAX WRITE-OFF, I'M DONE WITH THIS".
Unfortunately, a $20,000 tax write-off will take 7 years worth of writing that amount off, since you can only write off $3,000 per year in stock losses.
There's no dilution here.
Just fed up LONGS.