Day Tradexchange Inc. (SYNJ)

[CHUNKY44]

Stuckinarut, yes dilution is either good or bad. That's what makes transparency so important.

During the first three months of this year, the outstanding increased by 2.4 billion shares. There was virtually no increase in assets, and no decrease in liabilities. And yet, not a single mention of it in the notes to financial statements. Since March 31, the only additional share information available is that the authorized shares were doubled, from 3 billion to 6 billion.

So here we are, trying to put together pieces of a puzzle. One piece is the 17% interest in SRE, N.C. Inc., another piece is the old financing from Cornell and BS. And yet another piece is the ongoing financing of operations. How big are these pieces? How many more pieces are there? Puzzles fascinate me.

If dilution is good, there would be no reason to hide it.