It is not dilution until they are sold IMO and the filing states Danny CANNOT exceed the A/S. So if Danny was going to claim them all now he would only be able to do about 40 million before he would have to raise the A/S.
A/S is the same, O/S is the same = ZERO DILUTION.
Missy
GO BRAV!!!!!!!!!!!!!!!!!
My posts are my own opinions :) (Just like every post from everyone else)