More dilution, yes. In saying that Cancun has picked up roughly 250mil that i personally don't see them offloading around 1.6 so those shares would not be circulated IMO. I think they see the big picture as i can. If you can't see the potential i wonder what made you invest in the first place? This can be huge, or nothing. My bets are hedged on huge.
Its no secret that con notes haven't helped the SP, look at the conversions around the spike, big selling from MAF not surprisingly. MAF have less than 100 mil to churn of which Cancun seem happy to be purchasing at the moment. that supply will run out soon enough.
We need an ann to come out explaining the delays but it seems to be delayed.
(that's a joke)
Research, page-1656
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