pietro
That is the point you are missing, Aero does not have the cash, so in order to pay cash, shares have to be sold. Shares sold are done so at a discount which is typical for penny stocks. If shares were not sold then perhaps Aero got a loan, which will later turn into shares. It makes not a lick of difference. While you are thinking about that, let me leave you with a quote from my ex.
"Your paychecks went to pay for the rent, food and utilities. My paychecks went to buy all of these things."
Derb