Thanks, Mysterium. I think you nailed it and I hope that is the plan. I do not see a problem with dilution as long as the company is offsetting that with either share repurchases or adding significant assets and/or revenue generation...something that truly adds value to the company. The old saying "it takes money to make money" is certainly true here.

The bottom line is that if it is done, it is done responsibly and as an investment in growing the company. Good companies run by good management will do this.

In contrast, the scams and poorly managed companies out there dilute the hell out of their stock with little to nothing to show for it either through desperate toxic financing, giving out tons of shares to officers who don't seem to do anything but take up space, or rely on dilution as their sole or majority source of funding operations.

The worst ones dilute, do a big RS, dilute, RS, rinse and repeat. Reference GBSN as a prime example. They are executing the business plan, growing customer base, have a niche product line that is being accepted....etc etc. They are "successful" so far in moving along, but the dilution/RS games they have been playing has strangled and kicked the shareholders in the teeth and obliterated the PPS.

I see TPAC on the opposite end of the spectrum. I expect them to be responsible and careful with any dilution that may become necessary. Heck, at this point, it MAY NOT even be necessary if everything falls into place as we've been carefully tracking.

I think that from a purely business point of view, it is a responsible and smart thing to do in planning for ALL contingencies should they become necessary....and have that plan clearly laid out and ready to implement if required. This to me is indicative of smart and savvy business management as well as being open about it.

My $0.02