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Tuesday, August 14, 2012 3:43:39 PM
Starting with the 621 million shares in May, add 125 million restricted for the CEO of Punch, plus another 42 million to buy all assets of Punch TV.
Add 621 + 125 + 42 = 798 million shares. Guess what the O/S was as of August 1st? 798 million shares.
Where exactly is this dilution coming from or ending up at?
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