Sure.

2006 - M&I 932K, SO fully diluted 164K

2007 - M&I 1,203K, SO 183K

2008 - M&I 1,847K, SO 188K

2009 - M&I 1,947K, SO 255K

All numbers above from TYHEE Website. My point was that from 2006 to 2009 M&I went up approximately 107% and SO was up about 64% for that same period. So is that dilution, no. Of course this is just a simple example. Many other factors are required to value a company. But it does prove they are turning shares into gold. So was the 80 cents in 2007 (when gold was much lower than today) way over priced or is today's price of 15 cents way to low.