I strongly doubt dilution. And I mean strongly as I don't see the point. To me, this silence is being forced on them and it is beyond obvious given that their hands are tied. At some point there will be a surprise announcement of a buyout agreement IMO, and if I were the buyer, you damn right I would make them keep silent in order to keep the PPS down. If They were to speak on a buyout the PPS would rise instantly and now the buyout price has to be higher. At least that is the way I see it looking at it from a "business decision" standpoint.
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