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Re: BrandonTheGreat post# 23687

Friday, 03/17/2017 8:51:23 AM

Friday, March 17, 2017 8:51:23 AM

Post# of 61601
It isn't dilution. It is a legal maneuver to remain legal IF all the convertible shares were converted at once. Can't exceed the A/S, and right now, almost all available (O/S) shares are sold. They need to 'lock up' 50M shares for one investor, and don't have 50M shares to lock without the R/S.
Again, there is no dilution - All the new available shares will be sold at the current price, which is NOT dilution. Dilution is when blocks of stock are sold for UNDER the current market price, which lowers the price for everyone.