YF post about decreasing dilution as share price rises:
An interesting calculation about potential dilution decreasing significantly as share price rises:
9/7/18 S-1 (the first) for 20m shares, using the referenced $.016 market price, means roughly $320k raised (figure stated on the filing). 12/14/18 S-1 (the second) for 60m shares, using the referenced $.0152 market price, means roughly $912k raised (figure stated on the filing). $320k + $912k = $1.232m. $7m - $1.232m = $5.768m remaining of the agreed upon potential $7m per the 8/21/18 agreement, once these 60m shares from the 12/14/18 filing are finished (See my prior posts how that will take some time).
If the share price increases to $.10, as many think it could very quickly, then $5.768m / $.10 = 57.68 million more shares only. At a share price of $.10 we will only see roughly another 57m shares dilution within the next nearly 3 years to raise that full $7m, in other words, we will only get to a total o/s count of roughly 343m shares (286m (after the recent 60m are added) + 57m (if share price gets up to ten cents) = 343m share o/s count max). If the apparent staggering of selling the recent 60m into the market results in higher share prices being used, then it will be less than a top of 343m, and if the share price goes higher than $.10 before any additional dilution, then the eventual o/s count will top out at less than 343m, possibly much less.
Just a little perspective. If we are correct about the potential here, then this $7m financing agreement won't get the o/s count anywhere near 900m, likely not even to 400m, possibly much less than 343m. Food for thought.
