They need to issue more shares to complete the merger. Furthermore, they are putting it to a shareholder vote. A transparent company asking permission from shareholders for a larger a/s. Companies which are actually growing and acquiring assets dilution can help grow the company. Which is happening here. I am tired of ignorant people calling this a scam. I find it amazing some people would lie to others to make them sell a good investment so they can profit off someone else's misfortune. EEDG is doing amazing, and those who say otherwise don't have any facts.
LMAO!!!! were all Doomed.... Let's not grow lets stay stagnant, and not make acqusitions with NON Dilutive Agreements.. LOL...
EEDG is Growing, and any smart business man knows the only way to grow a public company is to make Smart Business decisions... Adding to the O/S in a Restricted way is Huge and Smart!!!
Did you read anything else? The shares were for the merger and controlling interest. There's a lot in play here - and it's not for dilution.
Dilution coming! Did you read this filing. It's authorizing share increase from 100,000,000 to 250,000,000. Sorry guys but this is probably the final pin in the balloon called eedg.