Biocentric Energy Holdings, Inc. (BEHL)

[Dale C]

If the company is upwardly mobile with revenues, backlog, volume, rising pps a RS and lowering the AS is a good thing as long as there is a sound reason for it. On the other hand if its on its last legs the pps in a death spiral with no prospects a RS while keeping the existing AS is a trap, they are just in the business of selling shares, until the SEC pulls the plug. A RS to stop delisting procedure from the NASDAQ is a good sign that their business plan failed and the investers have left the bulding.

Dilution for the purpose of making acretive aquisitions that increase share value more than the negetive effect of dilution. NAT has done this for years increasing their fleet from 4 ships to 18 ships and have yet to tap their credit facility and they have zero debt.