RE:DilutionHello Ridethewinners
You stated, "There are roughly 160 million shares O/S now, if you believe they will dilute another 20%, all you have to do is add 20% to your current position to maintain your pro rata share of the company, if that is important to you. "
It may not be all that important to me nor fiscally prudent of me to go into the market and purchase 20% more shares to offset any 'estimated' - and not all that accurate in fact- dilutive capital raise.
Never the less, utilizing your logic, it would however be very important for Marinrea International to maintain it's 'pro rata share' of NanoXplore.
Do you expect that Martinrea International principals would want to maintain it's 'pro rata share' of NanoXplore and seek to do so by way of paying more for GRA shares or less?
LOL! It's a bit of atrick question.
Martinrea International can not be and will not be diluted out of it's existing 'material' ownership position in NanoXplore; nor will Mr. Soroush Nazarpour.
In fact, while you take the hit to and experience any sting from the could be reduced share price, due to such dilution, such insiders and the like would be taking advantage of any resulting downward trend in NanoXplore's share price.
NOTE: When you are approaching yet another 'market wide' and much more serious downward correction during March and facing the would be resulting great share value depreciation experienced by presently unprofitable small cap equities issuers, 'falling in love' with any given presently unprofitable equities issuer and it's 'long term prospects' certainly gets a little long in the tooth, so to speak.
I expect that those primary principals vested of NanoXplore should seek to strike while the iron is hot and seek to boost the share price to price points most favorable and entirely conducive of raising much required capital at much higher price points.
It's how you mitigate the potential dilutive effects on the share positions of all interested shreholders, i.e. 'insiders' and GRA 'minority share holders alike.
NOTE: Higher share price points can usually be attained by way of a overwhelmingly positive 'business development' which 'the street' can sink it's teeth into, so to speak.
There simply has to be a good deal of 'meat on the bone', in terms of a pending and would be announced 'most positive business development' initiative, in order to have various institutional and retail particpants of 'the street" outright salivating whilst chasing the very 'bone' which Mr. Soroush Nazarpour &Co could elect toss over, so to speak.