It depends on how you look at it. This dilution is all due to convertible equity loans at a 50% discount to the lowest posted bid over the last 20 days (toxic debt), so as of today the lenders could take their next payment in shares at only $.0005 each. But they will have to spend $$ on IR to find new buyers for those shares, and each time that happens the stock pops up for a few days (and I sell).. that's what I'm betting will happen again.. I've been trading this stock all year, and done well buying in the dips.
* Just my personal opinion, I'm not a registered advisor.
Happy Trading