RxPC Inc (fka RXPC)

[Kayakonthefly]

will be a 15 million reduction of earnings/price ratio for everyone else that owns shares.

Rounding for ease - based on 1,000,000 in earnings and 100,000,000 outstanding....

100 million shares at .01 eps * 10 p/e = .10cents a share

15,000,000 of that will be 150,000k in earnings that none of us will realize - which is 15% basically

if you remove the 15 million in the OS the pps based on the same is like .1176 per share

now, you take a lower OS and that percentage goes up

Depending on how you look at it but the stock divvy's might be a good thing, but this depends on if the "owner" of the 15,000,000 that are not retired is getting the divvy's too.