New CFO's first "calculations task"
Let's see...if we lose a tenth of a penny a day on 10 million shares traded with 3 million diluted...
3M x .020 = $60,000
3M x .019 = $57,000
3M x .018 = $54,000
3M x .017 = $51,000
3M x .016 = $48,000
First week = $270,000
Yo, C FO! Can we speed this up a little?
Ah, ok. Lose 2 tenths of a penny a day on 20 million shares traded with 6 million diluted...
6M x .014 = $84,000
6M x .012 = $72,000
6M x .010 = $60,000
We're dropping under a penny!
Go for it, C FO!
6M x .008 = $48,000
6M x .006 = $36,000
Second week = $300,000
NEWS!
We're back to .014!
C FO!
I'm working on it...
a month later...
30M x .002 = $60,000
lol...