In about 120 days shares fully diluted will decrease 15%.
That will bring us all the way down to about 236,000,000 fully diluted. When the warrants started expiring we had about 278,000,000 fully diluted. Seems we are actually not diluting at all and stockholder's equity went from $7MM to $50MM FY 2012.
Combine that with the purchase of assets in Portugal and Spain!!
There should be some rule about willfully posting disinformation to poison the board and mislead potential investors.