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ValueInvestor01

11/07/18 6:46 AM

#148743 RE: ks1977 #148740

600K shares issued for "compensation", and 600K shares issued for "financing" have both the same effect to O/S and both considered dilution. So I wouldn't go as far as saying that the dilution has ended, especially if you believe there will be dilution from compensation shares going forward.

Chrysanthemis

11/07/18 8:40 AM

#148752 RE: ks1977 #148740

And we also know that the company stated in the most recent CC, with some conditional reservations which were not easy to understand due to the rotten sound quality, that it would commit to limiting the issue of new shares in 2019 to a maximum of 1.5 M, for normal corporate incentives.

Still an impressive number and I would be far happier if they gave out shares that they previously had bought on the market instead of issuing new ones, but not tens of millions of new shares.