Shearson Financial Network (fka SHSNQ)

[littlejohn]

max, this is out-of-date but may help...

balance sheet
http://finance.yahoo.com/q/bs?s=SFNN.OB

8-k Filing 06-19-07
http://biz.yahoo.com/e/070619/sfnn.ob8-K.html


SE........./....OS....=.......BV
6,022K / 632,241K = .0095

figures rounded and equity figures are from 03-31-07 ended quarter so are already somewhat out-of-date...

It is a simple version of figuring book value and probably no where near as complex or rigid as the formula used to figure the requirements for the company maitaining their credit lines for loan funding...


Share price seems to be reflecting more of the lackluster performance in the 03-31-07 quarter last reported...It doesn't matter how the company spins it...Mr Market was not impressed, imo...GL...LJ