Already $2 mil worth outstanding debt via shares. Would love an in depth explanation how those are physically blocked from entering market... Right now I see a bunch of rules stating they can't/shouldn't but I sincerely doubt there's anything out there that would truly limit the ability to convert.
NOPE!A company can dilute at any time it chooses to do so, current or otherwise!
For the posters edification, here is the Investopedia definition of the shareholder dilution:
"Dilution is a reduction in the ownership percentage of a share of stock caused by the issuance of new shares."
Notice there is no mention of being "current"! Through the issuance of new shares, such executive compensation or paying for services rendered, the company is causing shareholder dilution, because no "value" is being added to the corporation.
MORE SHARES OUTSTANDING, WITH NO INCREASE IN HARD ASSETS, IS DILUTION! THE END! BEING "CURRENT" IS NO PART OF THE DEFINITION!