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bellator_exec

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bellator_exec

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Tuesday, 08/05/2014 10:29:28 AM

Tuesday, August 05, 2014 10:29:28 AM

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http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9456213-905-140620&type=sect&TabIndex=2&dcn=0001144204-13-045393&nav=1&src=Yahoo


clearly shows that Q2 10-K as of June 30, 2013 but filed August 5th 2013, diluted shares outstanding totaled of 7,226,849

One year later we have Q2 filed for 2014 and we see 11.9m shares diluted.

That is an additional 5m shares diluted in the 12 month period. It was an additional 5m shares diluted in the twelve months between Q2 2012 and Q2 2013 too.

That is an additional 10m shares in just the last 8 quarters.

Revenues are irrelevant in this dilution environment.
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