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Re: dr frudaky post# 26140

Tuesday, 05/17/2005 6:03:12 PM

Tuesday, May 17, 2005 6:03:12 PM

Post# of 82595
Dr Fru, You are wrong!

For example if there are 3 billion a/s and only 1 billion o/s, than a, say, 10 for 1 r/s will reduce the o/s to 100 million, but there still remains 2 billion a/s left for issuance...

Under the circumstances you suggest, there will NOT be 2 billion shares left for issuance, there will be 2.9 Billion.

regards,
frog