QS Energy Inc (QSEP)

[mr_sano]

Dilution for a 10 million shares issuance at 10 cents, if the total number of shares is 180 million at 17 cents :
(180*17+10*10)/190 = 16.6 cents
16.6/17 = 98%
Dilution =2%
Now that's what I call minimally dilutive
© 2016 InvestorsHub.Com, Inc.

But dilution has to do with ownership. I don't get why you are using a price per share in your calculation.

In 2001 they had 15M issued and in 2016 they have 185M.
A simple average suggest a 12 fold increase over this period. If you owned 10% in 2001 you now own something like .82%. Whichever way one slices it, this is not an insignificant percentage by any stretch.