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