Unfortunately as I have pointed out the annual gross revenues are estimated to only be $3MM currently, and that's assuming Blackfox is generating $2.5MM annually as has been suggested. Those are GROSS revenues that does not cover current debt and ongoing operating expenses.
And there's no such thing as "positive dilution". For the shareholder it's always definitely NEGATIVE. It directly kills your financial investment which I guarantee is absolutely negative for the investor. Particularly when the company is so far in the hole they are required to dilute so much it sinks the PPS all the way to friggin .0001
Once upon a time this company seemed to have some potentially viable puzzle pieces for a decent business. Now shareholders are saddled with massive dilution that killed their current investments, the keystone of the business is going through bankruptcy and won't even have a V2.0 rollout until sometime next year, another acquisition seems to have stalled or failed (how could they possibly even pay for it at this time)? The whole thing seems horribly mismanaged currently.
None of this gives me any warm fuzzies they'll figure out how to successfully resurrect their business plan... at least in regards to a positive shareholder experience. They can make out like bandits off the backs of shareholders like they have been, and like is very common in pinkie land. It's a common formula down here - pump up hopes and dreams, dilute the bejesus out of shareholders when none of that comes to fruition, often RS claiming it's in the shareholders interest, then typically rinse and repeat.
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