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Re: CaptainD2u post# 38638

Friday, 09/19/2008 9:34:06 AM

Friday, September 19, 2008 9:34:06 AM

Post# of 49661
You know what I'm talking about Cap'n. All longs' EFGO shares were involved in a 1 for 1000 reverse split upon the creation of MONA and GLCC.

Therefore, it is logical to include the 1 for 1000 reverse split in my calculation.

Therefore, the effect on the longs' stock is the creation of over 1 TRILLION shares for purposes of dilution.

950M shs (GLCC) + 650M shs (MONA) = 1.6B shs

1.6B shs * 1,000 = 1.6 TRILLION shares created following the creation of MONA and GLCC.


Mind-blowing....ey?

THAT'S why the PPS is at sub-penny levels.


All posts are my opinion. I may be wrong, but I doubt it.

Numbers don't lie...people do!