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Re: asus post# 31651

Sunday, 05/25/2014 12:07:39 PM

Sunday, May 25, 2014 12:07:39 PM

Post# of 45244
O/S key share number, not A/S -- and that has gone up 50% in the last couple of years as documented, without crushing the stock; indeed, some posters have marveled at 'low dilution.'

I have to believe that A/S will be increased, as the company pays a lot of its outside services bills in stock (since it has no cash), and recipients will want that stock to be tradable so they can get cash. There is currently about $7.6M of such payments on its balance sheet, showing as 'Unidentified Assets" (note: some of that stock has been issued for other purposes, I am sure; but until there is an audit, don't know).

And preferred stock has gone up 400% -- not sure what that could mean for stock valuation, unless someone can tell us the terms of the preferred stock.