Yep, I figured that would constitute dilution for WDLF shareholders, unfortunately. It is what it is. Not thrilled about it given where the PPS has been, but there's not much longs can do about it. I would prefer a CEO that can just openly admit to it being dilution rather than resorting to lip service in order to deceive and con, but whatevs.
Yeah, to go from an insane 7 billion shares outstanding up to 15.3 billion shares outstanding is nothing. No one will notice that at all. Who cares anyway ? Garbage Ken could run this to 50 or 100 billion shares outstanding and no one would know, notice, nor care.
You are absolutely correct! Unfortunately Ken LIED AGAIN..he promised no dilution. the O/S is more than doubling in less than 90 days...O/S will be over 15 million shares when this merger is done. Absolutely unacceptable