Airborne Wireless Network (ABWN)

[Sgreg]

Fine use 1.5 billion as outstanding shares. Market cap is then 5.7 million. I used your numbers when you were correcting the other guy where you showed the market cap earlier in the year was 100 million plus, sometimes as high as 400 million. Now the market cap is less then 2 million or fine say as high as 5.7. Heavy dilution plunges the market cap by over 90 percent??? No way! The stock trades as much in actual dollars daily as the company's market cap??? This is normal??? You can't believe this. Yea you said the lower the price the lower the market cap but your only looking at one multiplier, the price. What about the huge increase in shares, the other multiplier? The shares outstanding explodes up in this equation yet the final answer ( the market cap) goes down 95 to 98 percent???

That's the essence of dilution. As more shares hit the market the price per share decreases, so the 2 multipliers teeter trotter at least to some degree. There has been a 20 times decline in share price greater to that of the increase in dilution. That is flat out fishy. Then realizing that daily money value traded is as large as the market cap, wow, that's not all dilution. It's mathematically impossible in fact for that to be the case daily. Remember it's not just the lower the price per share the lower the market cap. It is also the higher the amount of shares the higher the market cap. Here we have a case where the amount of shares is exploding and yet the market cap dropped 95 to 98 percent. Very fishy.