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S&P 500
5,303.27
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0.12%
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US TECH 100
18,066.00
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-0.07%
)
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40,003.59
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clownman1

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clownman1

Re: Det_Robert_Thorne post# 5601

Friday, 03/25/2011 1:16:42 PM

Friday, March 25, 2011 1:16:42 PM

Post# of 8575
The market cap is $757,000 at .0001. Meaning 7.5 billion in the float. That is the ONLY thing which matters!!

They can tighten up the float at any time and still carry a high outstanding, it doesn't matter.


The only reason that oustanding is sooo high is because they don't want a hostile takeover!

Ever hear the term Poison Pill? That is what was done here IMO. THey had to or YAGI wouldn't have made the financial arrangement.

No business owner wants to risk it's company being taken over in a public LBO!
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