What follows is yet again verifiable, factual information with links that fully debunk any and all claims of dilution. The end.
- It is a proven fact that company dilution equals an increase of outstanding shares, not solely a float increase. An increased float alone does not indicate dilution. A rise in outstanding shares is what indicates company dilution.
ENZC’s outstanding shares have not changed since the merger in September 2020. Fact, with verifiable official link:
- “Stock dilution, also known as equity dilution, is the decrease in existing shareholders' ownership percentage of a company as a result of the company issuing new equity. New equity increases the total shares outstanding which has a dilutive effect on the ownership percentage of existing shareholders. This increase in the number of shares outstanding can result from a primary market offering (including an initial public offering), employees exercising stock options, or by issuance or conversion of convertible bonds, preferred shares or warrants into stock. This dilution can shift fundamental positions of the stock such as ownership percentage, voting control, earnings per share, and the value of individual shares.”
Thanks for taking the time to backup your words with data! Refreshing to see! Shocking to see that 90% of ENZC's float is just from the past year or so! Eye opening! Undeniable... unless someone wants to step up and say the CEO is singing off on false information! If so, and someone can post other 'correct' data, with a source, I'd gladly report the company to the SEC!
Is Pugsie's data from the ENZC financials the truth, or is that false info signed off by the company? Let me know!
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