I agree, the rate of dilution doesn't lie and O/S is still 915 million.
Sell volume is very low in reaction to the increase, down over 25% on 5.6 million in volume.
The filing is dated 8/2/13, likely were shareholders that knew about this information almost a week ago.
Company will soon have all necessary regulatory approvals in their target markets with little debt. Emergo Group provides market penetration into 35 new European countries.
I'll say this, with the increase (triple the A/S), I now assume the company is in discussions to obtain the necessary distribution channels to move all its product lines.
With the A/S increase and the fact the company has chosen to work with Expert Resources, TUV SUD, and Emergo (all highly regarded companies), I am looking for a strong JV/partnership.
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