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Dyno89

03/18/22 7:02 AM

#144797 RE: Pugsieboy #144794

For those who want 100% factual, real information on dilution:

Below is how dilution REALLY works, linked and validated by the most reputable investing source there is, Investopedia.

https://www.investopedia.com/terms/d/dilution.asp

“What Is Dilution?
Dilution occurs when a company issues new shares that result in a decrease in existing stockholders' ownership percentage of that company. “

“When the number of shares outstanding increases, each existing stockholder owns a smaller, or diluted, percentage of the company, making each share less valuable.”

“Shares outstanding” just as they say, indicate dilution. NOT float. This cannot be debated. If float was the sign of dilution, Investipedia would have said that. But they didn’t because it’s simply false.

If anyone wants to dispute the experts at Investipedia, then go ahead and provide a more reputable source with a valid clickable link here, showing dilution equals a growing float instead of a increased o/s.

In summary, float alone does not equal dilution. Float is not relevant when discussing dilution, bc the first sign of any dilution will be an increased o/s. This is proven as fact by the above Investipedia link. There is not a more reputable source folks.

ENZC’s outstanding shares have not increased once since September 2020 and the time of the merger. Proof of no dilution that cannot be debated.

pumper_stumper

03/18/22 3:04 PM

#144832 RE: Pugsieboy #144794

Your take is helpful to many here! Thanks for posting and taking the time to document those facts.