I think you have missed it. You call it dilution, when it is nation building. Dilution is a negative term used when the inside is selling a paper processing machine into a useless, non-productive void. This is anything but.
I think that the shares are real, and were sold to a very real entity. The fact that they may have been instantly converted, some of them at any rate, is not of much concern. Look at what it has brought us.
Market Data 
Markets 
AI
