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Re: kippykai post# 10943

Monday, 11/20/2006 7:20:47 PM

Monday, November 20, 2006 7:20:47 PM

Post# of 63795
the 500M shares will be included in any EPS projections, which is the most commonly used metric to guage share price valuation on a fully diluted basis.

however, because the 500M shares are restricted, they should be excluded from the float, so it would be proper to say valuations should be based on the 640M shares outstanding, but trading volatility should be based on the number in the float, estimated at about 80M shares.