Just because they were issued doesn't mean they are being diluted. Float still remains the same. Questions is what is in the works? Something big possibly! Or he's stacking them shares for when this hits a buck then start diluting some of them. Time will tell. Still think this will see .20 by May!
The move makes total since to me. Like i said before this doesnt mean he's diluting 2B shares, doesn't even mean he's dilutimg one. If you do the math they dilute an average of 100m ish annually to raise money for acquisitions and projects. (Not haas party boats) Current issued/outstanding is in the 380m range while current authorized is 500m thats not much room to raise capital. So which would be better? 2B now or have them request 100 - 150m every year? I can't stress it enough. The 2B doesn't mean dick. I got approved for 1.3m on a home loan but that doesn't mean I have to take the whole thing.
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