Wearable Health Solutions Inc (WHSI)

[appalled]

It is untrue that dilution does not affect the PPS. True dilution does not happen until shares enter the float because those are the shares that are traded between by the general public.

I would be worried about MDHI if it had 3 billion authorized shares with 1.4 bill totally unrestricted OS with and a float of 200 million shares. Those numbers would tell me the company is preparing to dump hundresd of millions of share with the intent to print more for the insiders as soon as the dump is underway.

We know that is not how MDHI is doing things. MDHI needed to generate cash reserves, hopefully because the positive cash flow is being used to reduce debt. Therefore they MDHI raised the AS, issued all the raised shares in exchange for cash and used that is supposed to be using that money specifically to become fully compliant.

While we don't have exact numbers, we also know that the insiders own at least 51% of MDHI shares. That means the current float is only around 400 million shares and at least 60% of the rest of those shares are restricted. That float is small enough to allow for an extremely rapid increase in the PPS.