Replies to post #38866 on Intelligent Highway Solutions, Inc. (fka IHSI)

[tutankhamuns]

Page 9 from the most recent 10-Q:

Net Income (Loss) Per Share

Net income (loss) per share is computed by dividing net income (loss) by the weighted average number of common shares outstanding during the specified period. Diluted earnings per common share is computed by dividing net income (loss) by the weighted average number of common shares and potential common shares during the specified period. For the nine months ended September 30, 2017, there was 28,859,390,077 such potentially dilutive shares included in the diluted weighted average shares outstanding. During the three months ended September 30, 2017 and the three and nine months ended September 30, 2016 potential common shares are not included in the diluted net loss per share calculation as their effect would be anti-dilutive. Such potentially dilutive shares are excluded when the effect would be to reduce net loss per share.

[06goat]

He’s referring to an old financial that had enough notes that IF converted at trip 1 would be around 30 B total. Since then management has supposably renegotiated most of the debt. It’s old news.