I'm sure there is "some" dilution going on. Takes money to start manufacturing. If the float was significantly affected though daily volume would be 10x it is right now. IMO
DILUTION...This is the same converstion that was takeing place when we were @ .02...now we are @ .03-.04. It's OK. That's how they get the money to expand, market, travel to trade shows, pay sales people and staff and PAY OFF DEBT. It's OK