Yes there is huge dilution on the horizon but it is for a good reason.
Then why raise the AS to 750 million?
The two new board leaders recognized that Mantra two technologies are close to commercialization.
As most have stated here, the only thing that has stranded Mantra at this level is lack of funds.
As Mantra (Spectrum) position will slowly rise over the next several months with the release of a 10k that will show no debt with real revenues(notice I didn't say because of Mantra Energy). Shares will be sold to raise capital to help fund what the grants don't cover to bring Mantra's tech from lab to commercialization.
A billion shares outstanding for a company doing 10 billion in sales, which will be all profit because they are a licensor not a manufacturer.
Ah, what a low bases for market cap, 10 x earnings. What that a 10 billion times 10 equals 100 billion market cap. Let divided that market cap by a billion shares. WWWWhhhhaatttt, a hundred dollars a share.
News 
Market Data 
Discover 
