From the pinksheets info on the company! Unless I am wrong on my math! I am not a business major just a Painter!! <A HREF="http://www.pinksheets.com/quote/company_profile.jsp?symbol=PBLS" target="_blank">http://www.pinksheets.com/quote/company_profile.jsp?symbol=PBLS</A> "Estimated Market Cap: 33.25M as of 2007-06-15 (based on Outstanding Shares as of 2007-06-14)"