Zeons Corporation (ZEON)

[PaperProphet]

It's dilution if the shares are there but you're right, for them to issue the shares there had to be some benefit in return. We don't know how the money was used. I'm skeptical about the use in that it may have found its way to a massively overinflated SG&A bill (insiders' pockets) for the quarter but I could be wrong.

At an average price of maybe $0.25 to $0.30 for the quater, 100 million shares probably equates to at least $25 million. I don't see how moving a pyrolysis tube from Port Gibson to Natchez would cost that much and I don't see any other massive expenditures for anything benefitting the company.