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Re: B RY post# 27848

Sunday, 07/21/2013 2:36:02 AM

Sunday, July 21, 2013 2:36:02 AM

Post# of 298910
Yeah they use the current pps, no doubt about that, but they take the outstanding shares from the last financial report that they ACKNOWLEDGE in the calculation.. regardless of the financials submitted this spring. Most websites use the September 2010 due to the fact that that was the last official financial reporting before going dormant and eventually filing a form 15. The latest quarterlies are not on most if these websites for said reason. The constant promotion of an "o/s as 2.37 million" needs to STOP. I am long in MYEC, unfortunately with a small position, and believe in the company but I think it is deceiving to use such numbers. The market cap is not $14,227 in fact ETrade shows a mkt cap of $391,000. I'm not trying to bash in any means merely trying to encourage truthful facts here.

Go MYEC!
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