kind of but less than 50% of what shares are being traded at currently, and another 5M free, u know he's gonna dump them 10M and ride the 5 free million
For a concept stock / start up like CLNV, non dilutive financing would imply very high coupon debt, a top line royalty, an assignment of carbon credits or direct ownership of the hard assets leased back to CLNV. If there is any conversion or warrants then is it dilutive.