So by that "theory" he's going to create 510M in market value out of the 170M "leverage" Yeah Right... Believe it when I see it. :)
Still avoiding the other issue, you say he won't start dumping those shares... That "theory" utilizes shares... Oh but it WASN'T DILUTION, he was creating market value.
In other words... He WILL start dilution IMMEDIATELY with the newly authorized shares... We just won't CALL IT DILUTION , because he is creating market value.
You can call it whatever you want... but if it quacks like a duck :)