The Daily Profit

[The Daily Profit]

I've read through the proxy statement that was posted on the FEEL board today and the reason for the rumors of dilution occurring was a recent approval to increase the amount of A/S. It could be bad or it could be good, but at this point the statement says the company has no intention to sell those shares.

This could mean they need to sell in the future to raise money for bigger projects or it could mean they're protecting themselves from having a shortage of cash in case of an emergency. In the statement though, it looks like they did so to maintain at least 51% of owner ship between the CEOs for control of the company. Just my 2 cents. Hope this helps.