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rsinvestor

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rsinvestor

Re: szep post# 62506

Thursday, 05/13/2010 2:30:25 PM

Thursday, May 13, 2010 2:30:25 PM

Post# of 157003
You are correct. The float is 1.3bil, with auth. shares of 2.4bil. Wow. I think I was confused with another stock I own.

Estimated Market Cap
$40,315,238 as of May 12, 2010

Outstanding Shares
1,550,586,076 as of Mar 28, 2010

Authorized Shares
2,400,000,000 as of Jan 17, 2010

Float(shares)
1,365,870,849 as of Mar 28, 2010

Number of Shareholders of Record
971 as of Jan 24, 2010

http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=goig

So let's say Google loves the company, and wants to buy it for $500,000,000. At current revenue projections, maybe that's fair, just a wild estimate. Divide 500Mil by 2.4bil, and you get a buyout PPS of $0.21.

RSInvestor
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