there is not even a 2% chance dilution is happening. have you seen the ACC/DIST line? do you know what that is? do you believe the CEO? do you know they have a $10M blank check the CEO can execute so they don't need to come to dilution? this was supposed to be a $25M IPO now why would the company dilute at 50% discount so they could raise how much? the supposed dilution could not be more than $100K with this volume. These are the reasons I could think of in 30 seconds....
please stop talking about dilution it is unrealistic. you can sell whenever and move on
There is no dilution. The outstanding has increased because it reflects the restricted shares of the stock issued to UMCCo. They may have also issued restricted stock to Skyline, they are paid monthly. We know there is no dilution because as of yesterday Billy include the most up to date number in the presentation.The float is 29.37 million.