Saturday, August 12, 2006 4:43:33 AM
I have been writing about this problem also to Paul Karon from Trilogy-Cpaital, who is responsible for IR at SUUB:
".....I find it very disturbing, that every financial website, even www.otcbb.com, shows outstanding shares of 169 million. As much as I know a reverse split has reduced this number to approximately 49 million shares.
Isn't it possbile to correct this numbers, especially at important financial websites, to avoid misunderstandings about the real marketcap of Sub Urban Brands?!
It might not be very helpful if potential investors get the impression Sub Urban Brands might already be totally overvalued in the beginning of the companies progress......"
Paul kindly replied: "....Thanks for bringing this to our attention. Unfortunately many of those websites are beyond our control to correct or update, but we can probably correct some of them...."
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