I got to thinking...we might all be in trouble. Ken retired 2.3 billion shares. Current A/S is 730 million. Current O/S is 463 million which leaves 267 million that can still be issued.
Bear with me here. Ken also stated in a PR that the share structure would probably not change.
Now my question is how did Ken determine to have 267 million leftover to issue if need be? Let's say 250 million as an even number. If he was in talks with a JV or merger type acquistion, did he already know it is going to cost him the last 250 million?
I guess my real question is how did Ken come up with the reduction of 2.3 billion shares? I can't see him increasing that back upwards if a merger or JV will be taking place.
I just thought it odd....nah...couldn't be that good at planning....could he??
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