blackcat - so why would you now begin to lie to us here?
you cannot trade successfully without knowing the shares outstanding of a company and you know that.
so who are you kidding here?
I was attempting to show you the importance of the shares outstanding to the share price, whether a company has revenues or not.
do you not think that it is important to the stock price of a company if there are 950 million fully diluted common shares outstanding versus 155 million shares?
whatever valuation you come up for PHGI you have to divide by the number of fully diluted common shares outstanding to arrive at a value per common share of PHGI.
Is this not something that you should consider?
and the key here is that the figure for the common and preferred shares outstanding is not a projection, it is not an estimate, it is a hard cold actual amount at any point in time - an amount that is known by PHGI management, particularly its CEO - yet the CEO refuses to release this figure.
why is this?
Posted by: blackcat
In reply to: chilta01 who wrote msg# 21657 Date:2/28/2008 4:02:37 PM
Post #of 21659
Look, I trade for a living, and a pretty good one. I don't do "Let's pretend".
I do not have the expertise in the biofuel arena to even begin to project potential earnings. I don't debate what I don't know.
What I know is that today's PR took us a step closer to those potential revenues.
What I want to know from you is why your main concern is the share count when it will make no difference unless/until revenues actually appear.
AI
