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Re: rubber duck post# 128074

Friday, 01/28/2011 3:33:49 PM

Friday, January 28, 2011 3:33:49 PM

Post# of 233825
rubber duck. . .we do know this detail.

One year ago KATX announced securing funding
of $5MM in return for 50MM restrictedshares.
$1MM in the first six months, I believe, and the
balance over a five year period.

Now, my fifth grade math tells me:

$5MM divided by 50MM shares is .10/share.

KATX has been trading under .10 since Sep 1.

How do they make money here???

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y