Fireside Chat - EN1 by Ted Dhanik, page-73

Well they're both turkeys. To be fair BUD diluted for an acquisition, but I wouldn't buy it, I don't hold (although have previously) and don't trust management.

EN1's dilution was mostly convertible notes for working capital. But their market cap is certainly far, far more palatable than BUD, that's for sure.

Regardless I wouldn't buy either, just pointing out the continual and regular dilution this last 12 months. If you're buying in in full knowledge of this then that's fine, we all manage our own affairs. Best.