To your point, Foote never said there wouldn't be any dilution, But Foote did make numerous statements about minimizing dilution, reducing dilution, mitigating dilution, etc....
You can downplay the dilution or make excuses for the dilution all you want, but the OS went from under a billion shares to over 11 billion shares in just a few years. That's heavy dilution by anyone's standards. That 11+ billion doesn't even count the upcoming series C or the remaining series B.
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