Tuesday, September 11, 2007 6:33:42 PM
200 billion shares.
I reread the PR and it says extreme was keeping 1billion shares of prefered stock.With a conversion rate of 100/1 that is 200 billion shares.
200 billion x .0001 is $20 million market cap.They could not keep a sustained maket cap of $500,000.
I think thier market cap today is about $200,000,They would have to increase thier production 100x before we are in the same positon we were two days ago.
I am not sure how many cars a month they build but I would guess about six.If they start building 600 cars per month we might see an uptick.
Last post of the day.
Do not buy or sell because of anything I say.
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