$OWOO (Jan 2014 - Oct 2015) Dilution History.
Only trading days are included, weekends are excluded.
Jan-2014 1-for-750 Reverse Split (804,248,645 to 1,072,331)
01/2014 OS 1,072,331
+193,500,703 (+18,100%) shares in 1 year(est. 260 trading days)
744,233 shares diluted a day
1/13/2015 OS 194,573,034
+56,680,546 (+29%) shares in 90 days(est. 64 trading days)
885,632 shares diluted a day
4/13/2015 OS 251,253,580
+105,669,112 (+42%) shares in 90 days(est. 64 trading days)
1,174,101 shares diluted a day
7/13/2015 OS 356,922,692
+10,211,731 (+2%) shares in 30 days(est. 21 trading days)
486,272 shares diluted a day
8/14/2015 OS 367,134,423
+18,769,559 (+5%) shares in 21 days(15 trading days)
1,042,753 shares diluted a day
9/5/2015 OS 385,903,982
+14,430,200 (+3.73%) shares in 34 days(25 trading days)
577,208 shares diuted a day
10/9/2015 O/S 400,337,182
Now while dilution seems to be decreasing, if you correlate the number of shares diluted with the PPS when those shares were diluted, you will see that dilution seems to stay the same.
At these levels, $OWOO dilutes at $4,600+ a day.
Now while that may not seem like much, you really think they are attracting that many PENNY STOCK investors a day?