I'm not worn out, staying with it even if you are right in all the things you say, even doubling the o/s still well under a/s. Stock price is cheap by any metric even worst case dilution.
Profits are going up in this company not down. Run by a military man lean and mean.
Will have it's run and people on the sidelines will pile in.
Does this look like something from the past month..?? Look at the date.. Of course there hs been a reverse since and the shares got to less than 6 Million.. But here we are again.. Interesting and scary.. But it's all legal.. hank
Yes I'm sure the converters are thrilled to have to sell more stock at a lower value rather than less stock at a higher value. Question: Do you honestly think it's easier to sell more of something at a lower price than less of something at a higher price? A lower price after a period of prolonged price depreciation would render less interest not more therefore making it more difficult for a converter to cash in on their investment. At some point no matter how low they get the shares below market price they still need to sell them in order to become whole. That is why your theory is so very full of it.
You may consider taking a time out, your motives are ill willed at best and no one cares, hence the dozens of folks repeatedly telling you so. Are you a martyr? Do you feel misunderstood? Do you need a friend?