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Seekingalphacontributor

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Seekingalphacontributor

Re: Marty9 post# 1992

Wednesday, 05/13/2015 3:32:22 AM

Wednesday, May 13, 2015 3:32:22 AM

Post# of 45711
It helps to look at the cash flow statement. Did they spend that amount? No. What happened was they issued shares "worth" 30 million.

there were 1,000,000 shares of the company each worth $1.00

If they issues 9 million shares and the company is still $1.00, you would write that has a net loss of $1 million.


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