The other side of the share issue is BIEL. They make a viable product, have revenue, but not enough to cover expenses. So they pay for services rendered with treasury stock. Investors get stock also. Now they are maxed out on the a/s. A good thing you might think? The chart says no. It's obvious they are going to have increase the a/s or raise money some other way (how, in this economy?). So it's been sold off in anticipation of the dilution, imo. It works both ways. I still say that dilution makes no sense here. What could they have made, $25,000? $50,000. It's chump change.