DealerAdvance Inc. (DLAD)

[investor99]

Well, we do know for sure the o/s was 70 million in august. They filed an s-8 in Sept for 10 million to do a stock incentive plan for its employees with a sale price of .10 per share (which is great). They probably have not even issued those shares yet, but let's count them in. So, we believe there are 80 million outstanding. There may be a bit more but I can't see why they would need to dilute any further.

They increased o/s by 20 million earlier this year (50 mil to 70 mil) to do R&D and the software product had not really begun sales yet. But at this point since August, they're having blockbuster sales, so I can't imagine they increased o/s by much (if any) since September. JMHO. GLTA.