Thursday's A/S increase of 2,250,000,000 shares is the largest increase ever in the history of PVEC (fka VDSC).
In fact many penny stock investors/traders would consider an A/S of 2.25 billion itself to be bloated.
When a company inflates its A/S by this amount in a single move such as PVEC did on 4/17/14 resulting in a new A/S of 10 billion, massive dilution is obvious!
Increases to the number of authorized common shares since Peter Villitios became CEO:
12/8/09: 249,000,000 (base number before PV took charge in 11/12) 2/23/13: 494,000,000 (increase of 245,000,000) 6/04/13: 529,500,000 (increase of 35,500,000) 6/20/13: 744,000,000 (increase of 214,500,000) 8/20/13: 1,944,000,000 (increase of 1,200,000,000) 10/17/13: 2,994,000,000 (increase of 1,000,000,000) 12/10/13: 3,994,000,000 (increase of 2,000,000,000) 1/14/14: 5,594,000,000 (increase of 1,6000,000,000) 3/3/14: 7,000,000,000 (increase of 1,406,000,000) 3/17/14: 7,750,000,000 (increase of 750,000,000) 4/17/14: 10,000,000,000 (increase of 2,250,000,000)