Ann: Anteo Signs Collaboration with Lumos Diagnostics, page-94

Yep, understand the percentage if one can continue contributing. That is just simple arithmetic. Obviously if one cannot continue contributing for whatever reason then that is a very different story. Quite often when capital is required quickly the company will not offer all on the register the opportunity to participate, with the offering entirely going to sophisticated investors.
We, (thats all of us) are talking about ADO and the history of its capital raisings. History factually demonstrates that ADO capital raisings up until this most recent one, resulted in extreme dilution or watering down of the value of the contributors money. What comes to mind is the 7.5 cent CR about 4 or 5 years ago. Some of the traditional great ADO posters and financiers/contributors flew the white flag and surrendered after seeing their hard earned capital value cut in half, or more.
ADO has diluted many shareholders wealth over the last 8 or so years and that is the dilution point being made and that is very negative..