Helios and Matheson Analytics Inc (HMNY)

[BobDoleYahoo]

Outstanding shares is probably around 70 million +/- 20 million right now. I believe they diluted about 32 million by Friday and another 35 +/- that was sold on Monday's pop. The higher the price they can sell, the less shares they need to sell. They know this. I've also sent them my calculations :p I don't believe they sold Tuesday or today for obvious reasons as they don't want the stock to keep tanking either, or risk being a hostile takeover target.

That 268 million figure is of July 10th. It's since gone up to 421.25 million immediately before the R/S (July 24). A 1 for 250 reverse split was effected, reducing that figure to 1.685 million as of July 25th. It's in the SEC filings people. Please read them.

Here it is chronologically:

Before R/S: 421.25 million shares at 8.5 cents
After R/S: 1.685 million shares at $21.25
Currently: I believe ~70 million shares +/- 20 million or whatever at 6.75 cents.

If you base it on dilution alone, this should be trading around 51 cents.

If you base it on forward-looking sentiment and assuming they aren't lying and there's much less cash burn, it should be higher.

CASH BURN, or lack thereof, is going to be key.