Yes...did you read it again? Here's a quote from the link in your post...
Gary DeRoos, CEO, states, "This registration statement is a necessary step to becoming a Business Development Corporation, 'BDC,' as only 34 Act Companies can elect to become one. The BDC process perfectly reflects our expansion goals, because our stated objective will be to buy incomes, and pass dividends on to stakeholders. Creating dividends through existing business operations, as a group, we can certainly buy appreciable incomes and flow those dividends back into the Company as retained earnings, and to the stakeholders as cash dividends. The purchase of the $10,000,000 unencumbered, non impaired assets has catapulted CDFT from its current business operations. The next step is now to purchase identifiable and verifiable income that can be passed on to the shareholders, which the funding from the registration will do for us."
That $10 million only turned into $2,972,000 on the books.....
Funding from the registration means shares for sale! Doesn't that mean dilution is on the horizon?
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