400 million shares? Dont worry…!!!!!!!!!!!
The shares had already been issued and sold to the open market prior to the stock price increases, meaning there is no further dilution.. people got scared when they saw trading platforms updated the outstanding shares count, but they updated the share count after reviewing the 10k posted on the 28th. To investors, it appeared new shares were issued and were being diluted. In reality, the dilution had already happened and we still were able to hit $3.90 with 400M shares in the float. IMO nothing to be worried about and hopefully scared retailers will buy back in
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MayFlower : so happy to see that.
EZ_money : let's move on from that now old news