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Re: Phoenix-Rising post# 2757

Tuesday, 11/13/2007 8:36:43 PM

Tuesday, November 13, 2007 8:36:43 PM

Post# of 6597
Thats 60% OF THE SHARES TRADED, not of the shares in the float. This is like 3rd grade math...I guess you flunked that part.

Here it is all spelled out:

51,914,537/87,157,776 = 0.59

0.59 x 100 = 59%

BUT

51,914,537/201,000,000 = 0.4373

0.4373 x 100 = 43.73% or less than half the float.

HOW DO THINK THIS IS A DILUTION??