It's fine that you don't have a problem with it. I'm honestly smiling when I read your post.
I'm fine with it too, if it doesn't continue. They did a great job building the company up from nothing. Now they have a great cash position, so, in the future let's use it to build the business.
There's been enough shares issued in the last 12 months to equate to a CR so it would be the same amount of dilution. I don't think you can use that as a point to disagree with me. The only difference is that instead of the shares being issued to investors in exchange for cash so that they could build the business, they exchanged the shares for acquisitions and in some cases cash. They just took out the middle man.
Besides all of that the dilution isn't a problem anyway. There's what? 178m shares outstanding? Not bad at all. I'm saying in the future they don't need to issue shares for acquisitions.
BIG Price at posting:
$2.22 Sentiment: Buy Disclosure: Held