Biocentric Energy Holdings, Inc. (BEHL)

[phloyd]

It depends. Dilution can be a needed, though unwanted, act.

Capital is still tight in the financing arena.

If BEHL can't get a good funding rate, then dilution would be a better route to grow the company as long as the A/S doesn't increase.

DF has stated no further increase in A/S. He's also been banging away like crazy at the 150 acre farm project.

What if, and this is a definite what if, BEHL tries to finance that farm via equity instead of debt? I see that dilution to finance a big revenue generating project as a needed evil. If my feelings about the company don't change during dilution, I have a great opportunity to buy cheap and hold until the project comes off.

Either we, the shareholders, pay for financing via interest expense or dilution.