Friday, October 06, 2006 11:34:48 AM
Ok, here is my math:
2,500,000 @ .012 = 30,000
8,000,000 @ .0062 = 49,600
The difference between 49,600 - 30,000 = 19,600 so the 5,500,000 shares remaining are valued:
19,600 / 5,500,000 = .0356
Your math:
2,500,000 * .012 = 30,000
2,500,000 * .005 = 12,500
2,500,000 * .005 = 12,500
500,000 * .005 = 2,500
-------------------------
57,500
57,500 / 8,000,000 = .0072
Not a big difference, but more understandable based on the price history.
I think it's just a calculation error and nothing else.
B
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