InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register account icon
S&P 500
5,505.00
(
-0.71%
)
US TECH 100
19,000.00
(
-0.94%
)
Dow Jones
40,287.53
(
-0.93%
)
Brent Oil
81.88
(
0.00%
)
Bitcoin
67,158.89
(
0.66%
)
Post# of 33332
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Zorro

Send PM Follow Ignore
Followers 262
Posts 35009
Boards Moderated 3
Alias Born 02/22/2005

Zorro

Re: None

Monday, 05/02/2005 11:43:15 AM

Monday, May 02, 2005 11:43:15 AM

Post# of 33332
From what I understand, they own about 1 billion shares with 500 mil in the float and another 500mil authorized. If they sold all they own plus the other 500mil at the current price of .0026, that would only give them a little less than 4 million in cash. Seems like the company must have some good cash flow and reserves especially if they are trying to acquire Xylox.


“A fool and his money are soon parted.” ~Thomas Tusser

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up