m_m007, important with that no dilution understanding...
The best way to understand it for people is to know that if there are no shares being added to dilute the fundamental valuation of a stock... then such is not considered dilution. If the Outstanding Shares (OS) does not change, then that is not dilution. Consider this example to where it is understood that...
Unrestricted Shares + Restricted Shares = Outstanding Shares (OS)
Example:
A stock with an OS of 100,000,000 shares have 70,000,000 unrestricted shares and 30,000,000 restricted shares. This means...
70,000,000 unrestricted + 30,000,000 restricted = 100,000,000 OS
For simplicity sake, see the Float and unrestricted shares as synonymous for now and the same with shares held at the Depository Trust Company (DTC).
So, when after a year or so go by, depending on who and how they were issued, those 30,000,000 restricted shares will become unrestricted shares to be added to the already 70,000,000 unrestricted shares existing to now be part of the Float. This means that the Float would equate to what the OS is at 100,000,000 shares. This is known as "a maxed out OS" of which is what all stocks are expected to exist as at some point in time in the future.
As one could see, the value of the stock would not have become diluted because of the "overhang" from those 30,00,000 restricted shares becoming unrestricted shares that were previously issued. Those shares were not newly issued shares. So, the value in the stock would remain the same.
Here with GRST, if they achieve what they have already laid out in PRs and SEC filings, their upcoming value will supersede any overhang that might still exist with how it's trading because the market will acknowledge its huge value if such is manifested into a reality like how I believe it will be for the company.
v/r
Sterling