Wednesday, May 07, 2008 9:08:09 AM
Market cap is determined by taking the share price times the number of shares outstanding.
So 250M X .07 = 17.5Million Market Cap
"Note that market capitalization is a market estimate of a company's value, based on perceived future prospects, economic and monetary conditions, and therefore largely independent of a company's history. Stock prices can also be moved by speculation about changes in expectations about profits or about mergers and acquisitions."
Why do you say it is 12 million and "the stock should be cheaper?"
Last week, your encouraging buying and upward movement, now today, you think the price should be "cheaper"?
Bizarre...
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