Nah its all capped if you read all the 8ks you will see. We are not heavily diluted at all. The naked shorters are the problem look in the ibox I put up all the short interest for the last few years. Below is the dilution calculations for the last 13 months. Not bad at all. CHNW and others diluted billions in a few months and still ran.
Addressing share structure or dilution in GLBT
I pulled this from most recent 8k on 2/16/07
The Company's Articles of Incorporation currently allow for issuance of a maximum of 20,000,000,000 shares of common stock. Currently, the Company has approximately 12,200,000,000 shares outstanding (including conversions during calendar years 2007 and 2006)
(remember we had 9.3 billion in feb 06)
So it seems that over a 13 month period 2.9 bill were released or coverted. That isn't an alarming rate by no means. Roughly 223 mil per month and our trading volume during that 13 month period was (15.3 bil shares) So we are averaging over 1 bil in volume a month even with the quiet time factored in. So that would prove that even with dilution of 223 mil per month the accumualation has still been climbing all along please refer to the chart above in ibox and see accum/dist indicator. And the fact that 1.1 billion shares during that time were naked shorted.
I can't wait until they deliver those 1.1 billion in naked short shares. Those were buys that were put aside or not delivered during the last 13 months.
News 
Market Data 
Discover 
