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Re: JerryCampbell post# 396638

Wednesday, 08/18/2021 6:42:53 PM

Wednesday, August 18, 2021 6:42:53 PM

Post# of 687267

Linda Powers says your numbers are off a bit.



I doubt she'd say that.

I don't think using the weighted average of shares outstanding - dilutive - is the number to work from, IMO. First off, the number is different if you use the number for the first six months ending June 30 (1,147,423) versus the number for the last three months ending June 30 (1,159,076) which represents an 11.7 million difference.

That's why I think starting with the share number from August 13th and then attempting to arrive at the correct number of available share by subtracting those blocked warrants and options from the number of warrants and options noted as of June 30, 2021. What I may have missed would be subtracting the number of warrants exercised after the end of June from the number of warrants given in the Q (which were maybe around 15 million shares?), but I think that gets balanced out by using the number of shares outstanding on August 13.

Anyhow, I still think my numbers are close to correct.
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