It does when VNDM is on the ASK and the company openly admits to converting preferred shares to common. The conference call was very telling. The O/S is now 3.7 billion and Float 3.33 billion. Give it a listen, its comical at best.
A broader definition specifies dilution as any event that reduces an investor's stock price below the initial purchase price
Humm didnt TPAC close down 11.11% yesterday? Why yes they did so it indeed was dilution. The T-Trade was at .0016 or -11.11%
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