That is true. They wiped out the previous group of shareholders with the reverse split. Dilution is always good for the company, but we are traders, not the company. Big debt due at the end of March and the four largest debt holders will start selling again in February. There is also the $300,000 note from nearly six months ago that becomes eligible to convert next month. Nothing to say about he monthly dilutive notes that $ATDS does to pay the bills. Maxim gets an amount that is 2.5% of the outstanding share count. Just a few that I can pull off the top of my head. The thing is $ATDS isn't really enjoying this price level. They have been selling their notes for .0029 to .0035 a share.
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