Calling panicky traders 'dilution' simply shows you have no idea what is going on. The loans that MIGHT convert are listed in the last quarterly report. Not due until December.
It is POSSIBLE that an equity investor has stepped in and bought shares out of the treasury (AS). That would indeed be dilution, but it would also mean that the investor is not loaning money, but investing in the company. It would also give ICLD money to retire the convertible debt - which is a planned part of the recovery, as they have told us all year.
If everyone would just read the company filings, they would actually have facts to work with, instead of pulling crazy guesses out of their collective asses and trying to pass it off as fact.
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