Turbine Aviation Inc (TURA)

[eMailEdL]

You people keep saying no dilution but the company is raising $25 million supposedly. That's all newly issued shares. Seems like pretty big dilution to me.

And I know that somebody posted the co would not do this but... Without a reverse split, if the co is really realizing say $20 million in sales, with 20% margins (this is an example) that's $5 million net X PE of say 15, that's $60 million market cap. (again just an example)

Currently the co has about 30% of their stock in the public. That's $40million worth of stock for the co and $20 million worth of stock for the public shareholders (float).

$25 million dilution represents about 40% of the outstanding market cap. Which would bring the company below 50% ownership.

However if they did a reverse split, basically canceling all of the public shares (reversing them down to next to nothing) and than issuing 25 million worth of stock, that would leave them with about 60%.

Now, which scenario makes more sense?