AAP Inc (AAPJ)

[PRmaniac]

Reading comprehension might help.
They had 300 million shares authorized in June. They issued more than authorized 359,378,081.
They had to increase the share authorization to 3 billion shares. Within a short period of time, their outstanding shares rose exponentially to 1,779,878,081 shares, due to massive dilution.

And dilution will have to ramp up even more. The lower the price drops, the more dilutive shares need to be issued at steep discounts to the share price. Those are almost always immediately dumped to lock in profit, and before investors know how many shares are hitting the share pool.