All American Pet Company Inc (AAPT)

[Leirum]

You are 100 % correct.

They diluted the shareholders at the expense of the balance-sheet and with this Kind of Action destroyed the stock and no shareholder will enjoy this, but then again - unfortunately - what they did, was not illegal.

What me makes wonder: Why those responsible for the financing, did not put the Money at work under condition, that the salary and Bonus would be capped at $ 100.000 for both of them and the rest would come by Performance.

At the end: One must blame the "Financiers" for being stupid.