Jersey,
When did GRSR dilute then with how much?
What I have seen is a PR stating 8M shares being involved with the merger-acquisition in February 2006 and a forward split from 2 to 5. When doing the math we would have ended up with some 33M shares. Whichever way I calculate it, I can't find the dilution except some 2M shares over the course of the year making the OS 35M. Pls explain.
BTW, with an estimated USD 60M in revenues GRSR could issue another 25M shares before ending up at 1x sales. I don't see the point you are making.
FD