RE:Tower One Wireless = FinishedYes and no.
1. Dilution always hurts current shareholders. So that's a yes for it being bad
2. Their cliearing up outstanding debt which looks better on the balance sheet and removes some obligaitons.
3. The main creditors are the three people running the company. So really their clearing up their balance sheet by taking a stronger share in the company. "In the view of the Company it was necessary to immediately close the Officer Settlements and therefore, such shorter period was reasonable and necessary in the circumstances to improve the Company’s financial position."
4. You have a history of slamming stocks. People should know that before deciding either way
5. Generally if officers are willing to legally invest in their own company at a reduced price, they know something is up. Reading between the lines, current and past management (Hugo Ochoa) are setting themselves uip to make a lot of money. Think about it, the company owes you 3 million dollars and you say I forgive you, just give me 33% of outstanding shares instead.
6. Since management is getting most of these shares, they control the float. It's not like your typical you owe a bank or financial creditor who will sell and dilute the first chance they get. They can keep it as long as they want so dilution will never feel realized if they keep their shares and they are incentivized to do so to maximize their gains.
Please correct me if I'm wrong.