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Re: fourkids_9pets post# 88675

Friday, 01/14/2011 5:53:16 PM

Friday, January 14, 2011 5:53:16 PM

Post# of 103340
No need to regret Fourkids, that is a valid question. A question that I specifically inquired about. The lady with Guardian Registrar said she could not disclose to me the number of shares issued. The only numbers she could disclose to me were the A/S and O/S numbers. You are welcome to tell me why this is the case so i won't be wondering.

The actual number of shares "issued" for any given company is an item to take note of "if" or "when" any given company does a share buyback and/or retires an X amount of shares.

I feel that what I asked was a a valid question. If not, why didn't she say I'm a screwball for asking a stupid question like that.?

I never wish to be taken wrong in what I post. I am not accusing our company of anything untoward. Absolutely not doing that.

My point and focus has always been ...... why on earth does Expo's management not see the absolute and critical importance for even the most minimal amount of transparency in it's operations? Especially at where the pps is right now.


Excerpt --

Reacquiring common stock When a company acquires its own common stock, it may either retire the shares or hold them for future use. To understand the effects of both options, it may be helpful to review three aspects of common stock. First, the total number of shares a company may issue, based on its articles of incorporation, is called its authorized shares. Second, the total number of shares sold to owners is called issued shares. Third, the total number of shares in the hands of owners is called outstanding shares. As you will see in the following discussion of treasury stock, it is possible for a company's issued shares to differ from its outstanding shares. At this point, however, assuming treasury stock does not exist, a company's issued shares will equal its outstanding shares and both will be less than its authorized shares.



Accounting of shares link - http://faculty.uml.edu/ccarter/Chapter12Part4.htm

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JT2011