Read their Financial Strategy.  It's very clear.Â

Read their Financial Strategy.  It's very clear.  All of the dilution is going toward company growth.  EWSI leadership is also getting paid in shares.  S-8 shares are identified for distribution to consultants and other folks accomplishing business activities necessary for a publicly traded hyper growth company.  Shares are also being used as part of the formula for acquisitions such as the GoEz Deals contract.  See the 8Ks for SURF and GoEz as an example.

If you take a look at the number of consultants associated with EWSI (see their web site under TEAM), you can easily see how dilution can occur.   For example, Giancotti and Saad just made a great presentation in Italy for EWSI that has resulted in a major MOU being signed for an E-Plant in Italy.  Shares well spent? 

Folks that are hinting that EWSI is a share selling scam should have their heads examined IMO.  There are to many legitimate high end companies involved with EWSI and there are way to many top notch professionals that are acting as consultants and who also are starting to produce stellar results.

Will there be more dilution?  The simple answer is ABSOLUTELY.  The company will continue to use their capital structure as well as other financial instruments (such as the 5M LOC from TCA Global) to rapidly grow their company, their footprint, their revenues, and their shareholder equity. 

I am comfortable with the O/S approaching 360Mish in FY2014 to fuel the growth that I think will occur (100M plus on 25 - 30 percent gross margins).  If the market reacts favorably to what EWSI is accomplishing (nothing speaks louder than documented and audited financial results with a clear path toward profitability in a 150B dollar reverse logistics/e-waste industry), then a higher PPS should occur which will in turn keep dilution to a minimum moving forward.

Hope this helps.