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Re: RodDobson post# 80

Sunday, 06/19/2011 10:15:43 AM

Sunday, June 19, 2011 10:15:43 AM

Post# of 784
source - Q1 2011 10-Q
Common stock, $0.0001 par value, 195,000,000 shares authorized, 46,006,625 and 45,981,625 shares issued and outstanding at March 31, 2011 and December 31, 2010, respectively

There is no split share class, no preferred, or no outstanding convertibles that I'm aware of. There might still some common stock equivalents around (i.e. warrants) that could increase it, but there's no significant dilution pending from existing equity structure.

It is possible the company could issue equity to raise capital to fund growth initiatives, but they haven't stated any plans to do so.

The company has been disciplined in share count over the years.

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