NanoLogix Inc (NNLX)

[ttboy]

In layman's terms- could someone explain the financing portion of the this update, particularly SEC Regulation D, Rule 506 and the following paragraph....

"Any share issuance financing for this expansion is being structured primarily, but not solely, through a series of equity tranches and stock warrants. Using this method, the Company hopes to keep stock dilution to a minimum and will proceed with the interests of the shareholders in mind, including extending the timeline for expansion as necessary if equity costs are not favorable to NanoLogix."

Do we know how much dilution there will be?

Thank you in advance.

TT