oh, indeed. that's the way i see it as well. and if these 100M shares they retire are for an employee stock option plan, we probably won't see them hit the float for years to come. jmho.
I have no problem with 400M shares. I would have no problem with the dilution if Dean had issued a PR explaining he needed to dilute and the purpose, and had not issued a PR saying he would buyback shares. Dilution would be understandable given the goals of this company. Being honest with shareholders would avoid some of the concern. There appears to be so much potential here.
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