I think what "ThePennyTrader" was trying to explain to you was that there is "dilution" and then there is "dilution" within the penny stock world.
The key thing to note here about the previous dilution, of which I believe is over & done, is one word... "restricted."
It clearly stated within those filings direct from CINT's reports that those shares of which you are referring to were all "restricted" shares. According to the report, these are not and were not shares that had hit the Float.
There is ”good dilution” and there is ”bad dilution” within the penny stock world. I think what happened here with CINT was good dilution. If any shares had hit the market, I don't think that it was a significant amount to hurt the future growth of the company. This is why I really believe, as I have previously posted as a worst case scenario, that the Outstanding Shares (OS) is currently no more than 400 million shares and probably less.
The next word you must focus on is ”intention.” Within the penny stock world, dilution where companies sell shares into the float for their own personal and selfish reasons to simply line their pockets is usually one of the main reasons for causing hurt with investors. From doing my due diligence (DD), it is very apparent that CINT has not been allowing many shares to hit the float if any at all. CINT has shown that their ”intention” is not to sell shares to raise capital or the "bad dilution." As you can see from the post below, the CEO of CINT (Peter Dugan) has spent $500,000 of their own money to develop the patents: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35246347
Again, if selling shares or ”bad dilution” was their “intention” as you are insinuating, then they would have sold shares to fund the needed patent developments of $500,000 and not pay for it out of their own pockets as they had done. If having money was ever an issue, they would not have used their own money. Doing such is actually a huge sign of confidence that they really believe in where this company is going.
Again, I am new to CINT, but I do believe that whatever dilution that might have happened (good and/or bad) is over. In my opinion, I truly believe that CINT will prove to be much better than your average penny stock. In my opinion, I truly believe that CINT is well worth the risk to see if the company is going to execute their business objectives for growth.