Integrated Freight Corp (fka IFCR)

[eddy2]

I was surprised at how many investors will take the market cap divide it by the share price and come to the conclusion that is the number of actual trading shares. Market capitalization is the initial underwtiting that is debt to the company. The number of shares that is out standing is the debt owed to shareholders.

The par value ( market cap value) divided by the initial alloted shares registered by an S registry or a D registry depending on the size along with the forward spliting of the shares is the number of shares that can be traded.


The question that you should be asking is can shares be forward split without announcement of the fact under a D registry if those shares are held back as a debt to the company and released once underwriting comes available to do so.


Read your Sec rulings on this, a good hired corporate lawyer maybe needed to assist you but then the law is to be required to be set forth in plane English or any language recognized by the country that the law was written for.

If you take your market cap plus outstanding share value plus the treasury stock minus both your common share value in addition to your other equity you will have your actual book value per share.

The true is don't be thinking that your market cap relative to your common share value stated is what the shares should be worth and as explained this is far from the truth. Should you believe it was after my explanation then by all means back up your truck and buy all of the millions of shares you can and sell into the next forward splitting of the shares announced or unannounced the market cap value will inform you of the splits be it backwards or forwards without the aid of the financials.