?mv karine bulker? expected wed 29th of june, page-42

Moorookamick if the coy issues 88,000,000 shares say at $1 per share and receives $88,000,000, I can't understand how you can see that as shareholder dilution.


Moorookamick in your example you are ignoring the fact the Galaxy in going to receive Dollars for issuing shares, the increase in cash is a debit which will offset by the increase in shares a credit .First accounting rule for every debit there must be a credit.


You must have missed that class.


The reason I am so persistent on this point is that some newbie's might make the mistake and think because of your huge number of posts that you actually know what you are talking about.