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hopscotch

02/01/07 1:40 PM

#704 RE: JerseyJoe #703

The first one he got away with, because I missed it. This is a GRSR board, and so I'd rather focus on GRSR and not DYTB. There is a board for that here http://www.investorshub.com/boards/board.asp?board_id=7994 if anyone cares to discuss them further. Nice entry on GRSR btw.
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friedduck

02/01/07 5:28 PM

#706 RE: JerseyJoe #703

Jersey,
When did GRSR dilute then with how much?
What I have seen is a PR stating 8M shares being involved with the merger-acquisition in February 2006 and a forward split from 2 to 5. When doing the math we would have ended up with some 33M shares. Whichever way I calculate it, I can't find the dilution except some 2M shares over the course of the year making the OS 35M. Pls explain.
BTW, with an estimated USD 60M in revenues GRSR could issue another 25M shares before ending up at 1x sales. I don't see the point you are making.
FD