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Re: rudyboy post# 19766

Wednesday, 02/29/2012 7:04:59 PM

Wednesday, February 29, 2012 7:04:59 PM

Post# of 75926
I posted that the retirement of 150 million shares, that represented 22% of the O/S meant that there were 681,818,00 in the O/S to begin with and 531+ million after the fact. That's what 150 million shares reduction that equals 22% of the total shares means in any equation. Math 101.

The fact that today there is 420+ million shares in the O/S means that there is 100 million less than the pr originally stated.

Look at it this way. What's the original total, that is 150 million shares reduction = 22% reduction in shares? That original total is 681+ million shares. The fact that the the real O/S is only 420+ million shares is a plus in my book.
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