Posted by: Charlie48 In reply to: None Date:11/13/2005 9:48:49 PM Post #of 186165
Does this upset ANYONE?:
3/17/2005 - RE: Outstanding / Authorized Shares There has been much speculation concerning the share count of Triangle Multi-Media. While the company is still awaiting the final outstanding share count the company will not release un-audited numbers, but they feel confident that the number of shares is closely in line with what was discussed on the last conference call. The 50 billion authorized shares ARE NOT part of the issued outstanding share count. The authorized shares do not affect the float nor the issued O/S and will remain authorized as protection if QTelevison were to require additional equity. The company has significant funding in place and does not see any reason in the forseeable future why it would become necessary for those shares to be issued.
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