InvestorsHub Logo
Followers 8
Posts 796
Boards Moderated 0
Alias Born 02/15/2011

Re: A deleted message

Tuesday, 06/07/2022 7:26:27 AM

Tuesday, June 07, 2022 7:26:27 AM

Post# of 20451
If you read the filings, like you said, you'll notice the number of oustanding shares (common stock) has been reduced from 17,480,427 to 16,980,427 as of yesterday.

Then there are restricted and unrestricted shares, and the definition of dilution isn't when shares get unrestricted.
Dilution is when the number of oustanding shares increases.

Stock dilution occurs when a company's action increases the number of outstanding shares and therefore reduces the ownership percentage of existing shareholders.

Investopedia - What Is Stock Dilution?

Nothing I write is financial advice.
Trade at your own risk.