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Re: grawsha post# 20546

Saturday, 03/03/2012 11:47:59 AM

Saturday, March 03, 2012 11:47:59 AM

Post# of 75926
Im not sure... I don't know if the A/S was higher before, because in the PR they stated the removed 150 million shares (or 22% of the outstanding shares) which would mean that the O/S count would of been around 681 M. Obviously that statement is incorrect, because the A/S is only 500 M. So there must of been a typo, or the company reduced the A/S down to 500 M, and have been secretly removing more shares. The part where they mentioned 22% reduction makes it confusing.

150,000,000 / .22= 681 M (and some change)