RE:RE:RE:QuestionsI know Paul is against any dilution, which is a good position to have as a CEO... likely because he isn't just a figure head like some other companies but holds lots of shares.
Personally I'm not against some dilution and it could play out that way but I'd want a much higher valuation for the dilution. Meaning if they can show the funding will drive significant orders that will drive big revenue numbers, I believe they will be able to command a big premium on any funding above current share price valuations... as that would make the puny 150M market cap look very undervalued.
3M shares at say $8 is 24M which is a marginal dilution and sufficiently funds the company and propels it to growth.. and @$8 with say $10 warrants and then coupled with a big board up listing on the TSX could be a scenario that plays out.... I'm I'm very okay with that.
I think this would be a big win for the company and shareholders alike.