Richie,
"A reduction in earnings per share of common stock that occurs through the issuance of additional shares or the conversion of convertible securities
1st: There are no additional shares issued and as far as we know, there is no convertible debenture.
2nd: You state as "fact" that Identa is pumping and dumping.
We only know that Alliance sold 160M. We also know that Alliance is a major shareholder, but as far as I know, Alliance is NOT on the Identa board.
3th : you are correct that we don't have assurance about the balance of the Alliance shares but would we have assurance if it was PR'd?
Like any non reporting pink sheet company, the CEO does not have to explain all his moves to his shareholders. I too would love it if he did, but ranting about it is not going to help us much is it.
As always Richie, you are entitled to a different opinion.
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