American Security Resources Corp. (ARSC)

[JohnnyRotton]

Not technically dilution

The financing round is what values the company. Say a company agrees to sell 10% of the company for 1 million dollars. The financing sets the value of the company at that point. So shares issued to complete the transaction are not technically dilution. They are part of the original valuation point.

Stock issued after the financing is dilution.

As long as these shares are part of the financing deal it is not technically dilution.

It is possible the ceo is telling the truth.

To know the value of the company you can divide the finance amount by OS and that will get you fairly close.