EnviroTechnologies International Inc. (ETII)

[punk153]

HNSS HAS A PROFIT FOR 2010!! WOOT!

The Company expects to report net income of $.01 per share on 195 million shares outstanding (based upon the weighted average of shares outstanding for the year), which is $1.9 million net income (including net income from operations of $600,000) on total revenue of $2.2 million. All figures are approximate.

$1.9 million/ 155 million shares (current O/S) gives the net income per share of ~$0.0123 per share. Notice how the PR didn't disclose what the current O/S structure is, but did disclose the weighted average of shares outstanding for the year.

Something tells me that the current O/S is going to be far less than what the weighted average is!

Great news guys!!

IMO