" At the close of business on the Record Date there were 191,457,851 shares of common stock issued and outstanding. We have issued no other voting securities as of the Record Date."
"Mr. Peter Wang received a stock option grant of 300,000 shares in January 2006 at an exercise price of $0.52 per share, all of which vested and were exercisable as of December 31, 2007"
Plus some insider buying in early June actually suggests they have not been diluting.