RE:RE:initiated a positionWith 831 million shares outstanding, it is fair to say that Maritime Resources is a serial diluter. Unless management comes out and says otherwise or they have proven in coming cash flow, it is prudent to assume there will be more share dilution to come. The fact that they have a 10 for 1 share consolidation in the pipeline is another indicator that they plan to do another financing. I don't think Dundee will have any problems with another $8 million rights financing as it will allow them to increase their percentage stake in the company. Only the little retail shareholder who can't afford to add to their position to maintain their percentage stake will get screwed.