Replies to post #7926 on Connexus Corporation (CNXS)

[Gaintrader]

My pleasure, apparently $CNXS issued another 1.2M shares into the OS count just between 5/1 and 5/8.

Transfer agent's reported OS count on 5/1 at about 1pm (as per post #7919): 12,175,103

CNXS 5/8 - 10K: Number of shares outstanding of the registrant’s class of common stock as of May 8, 2015: 13,380,438:
http://ih.advfn.com/p.php?pid=nmona&article=66778522

CNXS 2/17 - 10Q: Number of shares outstanding of the registrant’s class of common stock as of Feb. 17, 2015: 2,978,983:
http://ih.advfn.com/p.php?pid=nmona&article=65520207


13,380,438 - 2,978,983 = 10,401,455 new shares issued over only two and a half months or 39 trading days. That would indicate an average daily issuance of about 267K shares per trading day, or about half of the average total daily volume has been filled with newly issued shares over the last Q.

[pennyonfire]

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