Tree house education and accessories ltd. – Potential candidate for improvement in RoE

This infra company is not the only place where money is splurged.
http://techcircle.vccircle.com/2015/10/30/ride-sharing-app-lifto-raises-130k-in-angel-funding-2/

“Mumbai-based Teilen Infoservices Pvt Ltd, which runs and operates people-to-people (P2P) ride-sharing app LiftO, has raised $130,000 (Rs 85 lakh) in angel funding from Tree House Education’s Rajesh Bhatia”
This is on October 30 2015 when promoters own company is hitting all time lows. Excellent promoter.

Because of consistent equity dilution the past years growth has yielded zero results to us the shareholders. This company is only for the benefit of promoters and early Pre IPO investors like PE firms like MATRIX who timed the exit to perfection with true x times returns.