Telefix Communications Holdings Inc. (TLFX)

[Josh3654]

The truth is, we can't look at the float to determine whether or not they are diluting. You must only look at shares outstanding. The float refers to freely traded shares. If outstanding shares do not increase by much and the float does, all that means is that restricted shares, which many times are shares held by employees or the company, or a private placement offering have come out of restriction. Most restricted shares have a time period before they are allowed to be traded. So, if the float goes up, it usually means restrictions have been removed and those shares may now be traded. If OS remain the same, now dilution has occurred. If I am wrong, please correct me-anyone. Thanks