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We all know that the actual number of GME shares outstanding is NOT 426M shares, but probably 10X that amount....lets say 4 billion shares. All these FAKE shares are dilutive, yet the price is in the $20-$30 range. Ryan Cohen has found a way to capitalize on this and is building a billion dollar juggernaut by adding REAL GME shares to the mix and funding future growth.
The number of shares the SHF increases with time, so the 5% dilution is more like a 0.5% dilution, but will increase CASH by 10%.
Based on 10x fake shares, Ryan Cohen could make an offering for 200M shares over time and raise an additional $4 billion for the dilution to be 5%.
I am all for the current strategy of GameStop!
edit: typo
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