Kels / BigMur - this could easily be put to rest if Hemi would state the use of the newly issued shares in their PR's. I for one don't care if they issue shares to pay for services if it makes financial sense to do so. As you've pointed out - dilution is not always bad if assets are acquired by the new placement. What I don't like is the fact that Hemi won't tell the shareholders what they are using the shares for.
They don't have to be specific and give away any confidential information either. A simple stated fact like " 1 Million shares was issued to buy xxx acres of leases in Tarrant county ". Now that would be transparency that would help me understand the "bang for the buck" ...
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