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Re: Navin R. Johnson post# 15082

Sunday, 03/12/2017 5:53:23 PM

Sunday, March 12, 2017 5:53:23 PM

Post# of 61601
In response to your post, dilution increases the ratio of supply of shares vs demand for shares. Therefore it clearly does affect price. I will agree with you that dilution can be a good thing, if it is handled responsibly in order to reach growth targets. It can also be a bad thing when it's just profiteering. Forgive me but I think your post is overly simplistic. It is a nuanced subject and you can't just go issuing blanket statements like that.

Given Friday's strong performance, I doubt there's any dilution. ICLD had well over $5M volume on Friday, so any last converters could have easily cashed out then. Correct me if I am wrong, but the only convertible I'm aware of that they have is the note that they have two years to repay (from Friday's 8-K).

But that's just IMO, I'm not an adviser. Do your own DD and charting.