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Re: mouton29 post# 4393

Friday, 07/27/2007 2:08:53 PM

Friday, July 27, 2007 2:08:53 PM

Post# of 19309
I use 108M as the fully-diluted share count for valuation purposes (#msg-15309465). This takes into account options and warrants that could conceivably become in-the-money during the next 2-3 years. Regards, Dew

p.s. There is no need to make a distinction between common and preferred shares because they are exactly the same for valuation purposes.

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