Sunday, June 10, 2012 8:59:58 AM
1. Authorized shares 2 billion
2. Issued shares 660 million
3. the share float 220 million
"shares were issued but the float will not change" means the total issued shares coubt rises
Steve said what is the company worth? it;s easy, you multiply the issued which is 660 million times the share price .05 is approx $33 million.
Steve said that during the interview. After the deal was done with Punch TV. Steve said " the float will not change", Steve did NOT say the issued shares will increase, Steve did not say the restricted shares will increase.
1. did ICPA issue "new" restricted shares to punch tv therefore dilluting the stock?
2. Did ICPA "restricted shareholders" forfeit shares to exchange for punch tv therefore adding more restricted "insider" holdings?
People on this board are yelling "no dillution", is there a possibility the 900k restricted share sale by Steve was the NET purchase price for Punch TV?
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