Worksport Ltd (WKSP)

[hp435]

I agree he will not water down the stock. He does want, (not necessarily need), funding to help accelerate FNHI's market share and greatly increase revenues.

However many get confused on the subject of dilution. If a company goes to toxic financing by way of equity-based derivative products, then the share structure can go through the roof. This will not happen here.

However, in obtaining normal equity financing, there is an exchange of new shares for the much desired capital which will add to the share structure and "technically " is therefore dilution. However this is usually very acceptable as it benefits the company more than it hurts and is the preferred way to go when a straight loan is not available or not wanted.