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Re: busytrader post# 2275

Sunday, 08/30/2009 11:10:08 AM

Sunday, August 30, 2009 11:10:08 AM

Post# of 9963
"Dilution shouldn't be a concern"

Why is it that when you present the real numbers, unchallenged by anybody you are considered a basher. I prefer the term "fact checker"

So let's see how much the company was diluted

Number of share fully diluted

31,613,219 2007 year end
72,689,433 2008 year end
200,000,000 2009 Q1
1.4B 2009 Q2

The 1.4B is calculated in old shares to be able to compare previous 10K or 10Q reports. The fully diluted is 57M in post reverse split shares.


So if you had $1 of stockholder equity at the end of 2007 you now have 2.2 C of equity. Now that's dilution you can measure.


One more time. Please challenge the numbers I am showing. I could always be wrong but they are right out of the 10K and 10Q

You are very correct about "do your own DD" so please, please tell me how yours compare to mine.
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