Renewable Energy and Power Inc (RBNW)

[NotLegalAdvice]

Someone please explain this statement that can be found under the "dilution" tab of the latest offering:

"....if the Offering is fully subscribed, the net tangible book value per share of Common Stock owned by our current shareholders will have immediately increased by approximately $0.004 without any additional investment on their part and the net tangible book value per Share for new investors will be immediately diluted to ($0.000198) per Share. These calculations only include the estimated costs of the offering ($25,000), and such expenses are exceeded they will cause further dilution."

Thanks to anyone who replies to this.