Did you read anything else? The shares were for the merger and controlling interest. There's a lot in play here - and it's not for dilution.
Dilution coming! Did you read this filing. It's authorizing share increase from 100,000,000 to 250,000,000. Sorry guys but this is probably the final pin in the balloon called eedg.
Warning: I Pick Stocks w/ a Magic 8 Ball. Everything I post could be completely wrong... and occasionally offensive. Read and absorb my insanity at your own risk.