Where do you get this information re A/S?
None of the posts I've seen re this have provided any verification.
Sometimes companies do dump because of desperate financials(such as PMAH recently)but RELM has stellar financials of .08/share,so they have no reason to dump.
It always amazes me that people forget a company gets something IN EXCHANGE for issued shares. As long as they issue shares at fmv or get equal in return,there is logically no dilution of stock price-I say this again below because shorters/bashers have so brainwahed people with their continual shouts of the sky is falling,that people don't seem to understand this EXCHANGE concept. Companies don't just take stock certificates and throw them into the street as a gift.
The last financial report at www.pinksheets.com doesn't show any change in authorized shares since at least Dec 31 ,2008.
They are in the business of acquisitions,includuing AVI,so stock could be issued in exchange for assets acquired in acquisitions-this is a typical reason companies may raise A/S to give them the ability to make such acquisitions and/or to retire debt.
As long as the company receives assets equal or greater in value than the fair market value of the stock,there is no dilution. Dilution is of course one of the self interested cries of shorters/bashers,who hit the message boards of many of these stocks with cries of "the sky is falling" for their own personal benefit at the expense of the rest of us.
This seems to happen when I buy a stock,so I am suspicious of claims of dilution without verification,and there is no dilution unless company sells stock at a loss-and RELM has no reason to do that, as per their financials.
