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Re: DownWithPumpers post# 87653

Wednesday, 10/10/2007 11:35:43 PM

Wednesday, October 10, 2007 11:35:43 PM

Post# of 162847
564 million is a post-merger number.

The October 10K lists a "pre-merger" number of 964,000,000 share O/S.

The post-merger PR from 10.04.07 testifies that 400,000,000 shares were retired and cancelled.

Cancelling shares in the O/S to reduce the O/S is the opposite of dilution.

And that's the part that snookered the shorts.

I know you're just trying to help people make a good decision, Down, but once you "get the picture", I'm sure you will appreciate the brilliance of the sting perpetrated upon MMs, shorts and bashers.

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