mPhase Technologies Inc (XDSL)

[Axolotl]

The real point is, given what we know, dilution should have literally been 0. They allegedly paid off all convertible notes and have money coming in on the balance sheet.

So why the dilution at all? Points to a lack of transparency and age old Anshu lying. The man said zero dilution not "a million shares here or there".

At the end of the day, almost a million dollars in dilution is not "nothing".