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Re: michelinvests post# 15100

Monday, 06/05/2017 5:39:56 PM

Monday, June 05, 2017 5:39:56 PM

Post# of 232882
There were a whole lot of shares given out and they are in the money immediately. So that is additional dilution. But I suspect it is again meant to convey hopefulness about the future in the run-up to the much larger and dilutive share offering that has to be forthcoming.

While dilutive, the offering is necessary and is in the best interests of current shareholders as the alternative is to go belly-up.
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