CMKM Diamonds Inc. (fka CMKX)

[jon_e_og]

Outstanding Shares = Issued Shares - Treasury Stock

when a dividend is payed the company Debits Stockholders Equity and credits cash/assets. Now if a company were to pay a dividend on its treasury stock it would Debit then Credit Stockholders eqquity which would Net Net 0 and there would be no change...thats why treasury stock is not considered part of the O/S...Therefore the company is paying itself and for accounting purposes excludes treasury stock from the issued shares...that DOES NOT mean dividends are calculated by the float.

Float = Outstanding Shares - Restricted Shares

DIVIDENDS ARE PAYED TO THE O/S ... NOT THE FLOAT

If you try to argue that point again you are basically saying the float is 483 Billion as per Nasdaq...

Shareholders are receiving .0000155 UCAD shares for every CMKX share...

I'm saying the dividend is being payed to the O/S which means the O/S is 483 Billion

You're saying the dividend is being payed to the FLoat which would make the Float 483 Billion

Which would you prefer?

BTW...I'm out of posts for the day so I'll be posting on my alias(I'm sure even someone with your IQ can figure it out when they see it)