Artificial Intelligence Technology Solutions Inc (AITX)

[War Shark]

IT IS DILUTION

The document reads that the "8,700,900 *" shares "*Consists of Common Stock that the reporting person has the right to acquire by way of conversion of a security." That is the very definition of dilution.

Investopedia.com defines dilution as "a reduction in the ownership percentage of a share of stock caused by the issuance of new shares. Dilution can also occur when holders of stock options, such as company employees, or holders of other optionable securities exercise their options. When the number of shares outstanding increases, each existing stockholder owns a smaller, or diluted, percentage of the company, making each share less valuable."

These holders of securities exercised their option to convert the securities to shares of stock.

Read more: Dilution http://www.investopedia.com/terms/d/dilution.asp#ixzz4pTwLCjr0
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