Tenax Therapeutics Inc (TENX)

[IndivInvestor]

I agree with you that there is "theorically" the potential of further dilution increase 15 times. But the real question you should ask yourself is :
- Do i trust the management to handle the future of the company. I believe you do as much as i do because you like the business plan they have and the way the comapny has been run lately. The company is moving at a very fast pace and on the right track with these management.
- Do you think it would be in the best interest of the management to dilute a lot the stock without any business reason in front of the dilution ? I don't think so, and you shouldn't if you trust the quality of the management
- Do you think that the board of Director would vote in favor of a dilution if it isn't positive for the shareholder? I think the board of director is acting in favor of the shareholder and nothing else therefore they are a solid protection to stupid dilution potential
- To do dilution, it means they would raise money. To raise money they need to get in touch with institutional. Institutional would invest if they believe it would provide them return. To provide them return it needs to be a valuable business plan that explain any given investment. So we could consider that institutional would be a good protection as they wouldn't accept a stupid deal that wouldn't make any financial sense.

All in all if you trust the business plan you should trust that there is enough protection to avoid any given dilution that wouldn't help the company and the shareholder over the long term.