Integrated Freight Corp (fka IFCR)

[eddy2]

Taxs is only owed on income once everything else is paid. If you take thirty percent of the income that is paid in taxs that your treasury stock should be thirty percent of the equity raised.

If the equity figure is less then that number that difference is the number of shares bought back and cancelled.

The gain is then reinvested allowing those taxs to be carried forward in the coming up depreciation of equipment, wages etc.

So in essence you can say the treasury stock is good will from equity being sold above the administration costs to sell the equity.

There are about seventy percent of all public and private companies that run a difficit in this manner.

The market is what ever the other person is willing to pay.

Private placements are much the same. This of course brings the public market to a huge disadvantage to the private sector except in the public market there is the advantage of shortselling a stock to cover an overpriced stock.

Take the equity and treasury stock out of the earnings and you will discover the product or service earnings of a company subtracting the administration cost of selling the public shares i.e. "Retained earnings to the corporation.

There are many that have argued that the two earnings should be seperate from each other. This what I have shared is the true division between the pros reading a balance sheet and the novice investor.

Consult always your investment advisor if you don't understand the above.