RE:RE:Dilution?!... Ponching, you're suggesting 400 million shares are no problem at all.
Longer-term you might be right, but short-term ... Hmmm.
Market participants will make this calculation rather quickly :
126,481,526 x $0.475
------------------------------- = $0.15
400,000,000
New share price TLT : $0.15 minus a discount 20%* = $0.12
... Hmmm again.
* if not more.