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Re: eb0783 post# 48180

Tuesday, 07/11/2006 12:59:37 PM

Tuesday, July 11, 2006 12:59:37 PM

Post# of 82595
Yes. Simultaneously. When the 1 for 20 split occured and the authorized shares were fixed to 600,000,000 plus, you in effect, instantly lost 90% of shareholder equity. And as it turns out, with accumulating price activity, the result is more close to 95%. Do you need borrow my calculator???????

The market nearly always adjusts, and it did.

Doing the math backwards results in a .006 share price, or as Dr. Frudaky claims, .003, I believe.

As you can see, either calculation presents you as misrepresenting and perhaps lying.