I dont normally help school people but in this case I will make an exception... Go read the 14c posted on 12/26/2018
There you will get all of the information you need to know about the increase in the AS as well as the amount of shares needed to cover the last of the debt conversion they have. You will also see that what was needed in reserve with the TA was just under 400,000,000 shares to cover the conversion as it happened. The rest of the 4 billion added to the AS was for protection against outside take over of the company.
When you come up with a product(s) like they have and get the patents they have outside companys, the giants of the industry, will try a share take over before trying to out right buy you out. The conversion of those 400 million shares has been going on for a while now... look at the chart and the volume and see if you can match the volume numbers to the conversion numbers...you will see that since Feb 8 there has been over 600,000,000 shares traded on the days that were RED. That accounts for 21 out of the 38 trading days between Feb 8 and today.
Your dilution is done...the shares that were needed in reserve with the TA 400,000,000 have been soaked up.
Now here is where your big mistake is when you looked at the last Q that was for the period ending 12/31/2018 all those numbers you were spouting about were from convertible debt taken on in 2018 and that debt has been paid when the 14c went into effect and they put the 400 million in reserve with the TA.
So take the gloom and doom prediction and move along, your wrong and this is not going back to the levels your quoting. So for the last time, GLTY...sounds like you really need it.
