No harm done...
Last distribution published by DMXP is 45 million shares valued at $0.0030 a share conversion of $140,000 by a creditor (this creditor can be found at SEC filing of DMXP). DMXP did not mention it's a share dilution, often this type of conversion is not diluted but assigned because he is already a creditor.
I wish DMXP disclose the terms of the financing. But I doubt the financing convert at $0.0020 per share. If they did convert at $0.0020, both DMXP and the investor are not intelligent. Convert at $0.0020 will cause mass dilution as you mentioned. It cause price to go down and not good for DMXP, the $1 million investor, or the little share holders like us. It's a lose-lose-lose situation. If the mass dilution did happens, we probably see share prices at $0.0010 or less by now. We are still hanging around $0.0020.
I think you can put your mind to ease that there is no 1.5 billion shares of DMXP out there. There will be dilution, but will not be that massive. We will not know until DMXP disclose it.
Well, we have some price movement today. I guess this is not the higher entry point you are looking for, right?
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