It's all about perception. Yes, mathematically 12.7 million post-R/S shares equals about 320 million pre-R/S shares. However, I suspect issuing 320 million pre-R/S shares would tank the PPS at a much faster rate than issuing 12.7 million post-R/S shares. I have no empirical data to support this claim; it's just my opinion. I suspect the company shares this opinion, which is why it completed the R/S.

Let's hope NTEK is using the money from the most recent dilution to pay off its debt, so we can FINALLY establish a firm footing in September, then upward momentum into the holiday season.