I cannot see why this subject is brought up on a constant Basis.
First it is all part of the filings and second it as well explains the the Dilution.
For my part I do not distinguish between the Dilution coming through conversion of Preferred Shares or if Preferred Shares would not exist through the issuance of common Shares. The end result is the same: The outstanding goes up and that the O/S over the last 2 years rose by approx. 30 Mio is undisputed. Based on the last filings from the 3 Major holders it was actually easy to make the calculation of roughly 42 Mio shs O/S.
But then, what do you expect ,if you cannot generate income from Business due to the known Facts (or very Little income) however have to spend Money for R&D of new products, Commercials and more and of course as well have to cover part of the legal fees?
You either go into debt and this would be the end or you get financed through equity which of course will increase the outstanding.
But maybe it is forgotten here, that in case of a Settlement and I am talking here Dollars being paid, the advanced costs for this legal battle will then be included in the total compensation so the effect of the Dilution should be balanced if and when of course, the Money flow goes towards DECN and I have no doubt, that J&J will have to pay, but what nobody knows is the possible amount, but if one compares the costs involved by J&J alone for legal fees and of course by DECN for legal fees, then the amount being up for debate must be much higher than the involved costs.
J&J cannot in present in court their case for suffering millions of Dollars of damage if DECN would be allowed to have it's way and if it then Comes to compensation turning the Argument around. Won't work in Courts as we know from similar cases. Every judge would ask: Well why then did you start this battle?
