Pacel Corp (PCOR)

[KlausVT]

awake -

your calculation is based on the mistaken assumption that the authorized shares have been reduced by the r/s ratio which is NOT true. It still remained at the pre r/s #. Hence the potential for severe dilution. It's only true for the OS at the moment as the OS are, of coures, reduced by a factor of 1000. Given the company's history of continuous dilution you can draw your own conclusion where the OS will be in a short while.

I think that's what is reflected in the current p/s. And who knows, how many shares were dumped right after the r/s.

Cheers