RE:The Vagaries of the CSEHere's another comparison which is even more revealing although it does have a much longer longterm outlook.
ERTH - ~ $15 million in annual revenues, 44.5 million outstanding shares, $.23 sp
EarthRenew is adding 38 million outstanding shares on their most recent equity offering (which is oversubscribed and is actually going for a premium at $.25) . In terms of number of outstanding shares it is heading toward that for ScreenPro. Again the point is that there are numerous pieces to the investing puzzle and whether you should or should not invest in any particular company. So to try to paint a picture looking only at financials and sp makes investing even riskier than it already is.
Some companies dilute through equity offerings (ERTH) while others dilute through shares for acquisition (SCRN).