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Alias Born | 11/10/2014 |
Tuesday, November 17, 2015 4:44:51 PM
Common stock; $0.001 par value; 450,000,000 shares authorized; 184,111,144 and 227,720,396 shares issued and outstanding as of September 30, 2015 and June 30, 2015, respectively
As of September 30, 2015, the Company only had 450,000,000 shares authorized. Since the weighted average shares exceed the authorized shares the Company determined the max authorized shares limit to be used in the diluted earnings per share calculation.
Mentioned twice in the filing the A/S should be 450Mil!!
$VNTH
http://ih.advfn.com/p.php?pid=nmona&article=69341874
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