You need to factor in that there are other holders from Golden. We will not see a dilution, but we will see a change in the share structure (I believe). The new share price will be exciting. But even better, is when revenues are reported and the share price goes much higher. We have a very accomplished and aggressive CEO taking control. He also has many contacts as well as many companies under his control that he has already brought to the table. This is a great investment.
Where did you get the 5.5 Million float? Signet has 20.54 Million shares. The 14C form only reveals the top Insiders. There are many more shareholders that were not mentioned.