InvestorsHub Logo
Followers 123
Posts 7820
Boards Moderated 0
Alias Born 08/27/2000

Re: Madhatter post# 13455

Monday, 11/12/2001 4:59:26 PM

Monday, November 12, 2001 4:59:26 PM

Post# of 15369
MH, perhaps you should think before you post.

"Shamus & Gotin, get your definitions straight. I think what you are trying to say is there are approximately 12.5 million free trading shares, approximately 27-28 million shares issued (of which 12.5 million would be free trading and around 15 million would be restricted), and there are 60 million AUTHORIZED shares.
The authorized shares would be, I think, what you are referring to as treasury shares. These authorized shares would be shares unissued and not trading."

No we are not talking about AUTHORIZED and unissued. you seem to be confused.

To my knowledge there are:

*100,000,000 shares authorized
*60,000,000 of those shares issued
*33,000,000 of those issued shares held in treasury
*12,500,000 of the issued shares in the public float (ie not restricted}

JMHO




I'm getting thirsty dammit!

Oh yea, everthing is my opinion only. Please make your own decisions and consult your own financial advisors for both investment and income tax issues.