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Alias Born 05/01/2004

Re: None

Monday, 06/13/2005 3:09:31 AM

Monday, June 13, 2005 3:09:31 AM

Post# of 219267
ADVC...Is .00108 cash per share for .0005 price a buy?...The 10Q for quarter ended 03-31-05 shows $2,299,092 in cash on the balance sheet...$1,960,692(cash) plus $338,400(restricted cash) totals to the $2,299,092 cash...O/S were stated as of 05-01-05 as about 2.1 billion...That's where the .00108 per share figure, that has me puzzled, comes from...Total assets $13,355,400 less total liabilities of $10,376,937 yields a balance of $2,978,463 in shareholder equity...Roughly .0014 per share in equity per share...These figures are of course a little out of date but high finance keeps me confused anyway...LJ


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