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Friday, March 04, 2005 1:58:57 PM
So, my math is correct the company now has 10.000.000 shares. Correct 10.000.000 x ½ penny = US$50.000, -. Correct
Certainly in the light of some recent developments this is not the same company from the past.
Because there are NO more shares now.
Correct me when I am wrong.
Pacel now has clients in 11 states with annual gross billings in excess of $41 million.
Can you calculate a market cap based on a share structure?
Now it is 10.000.000 shares valued at $50.000, -
I think it will go up towards 2 – 5 cents.
Please let me have your input.
Thanks.
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