3 of them in quite a few years - why make it seem like they do a R/S regularly?
1:10 on 12/15/2004 1:20 on 1/25/2008 1:100 on 11/21/2011
So you see its been almost 10 years since their first one, almost 5 years since 2nd one, and over a year since last one.
And sure it didn't hold "post" split PPS, they NEEDED money to continue R&D but reality is they didn't dilute that much since last R/S and R&D phase is done ;-)