Replies to post #57414 on Bollinger Innovations Inc (BINI)

[bme]

10k uses the formula that has the OS in the denominator.

[TenKay]

Goodwill is an “intangible asset” that is listed and labeled separately for accounting purposes.

So subtract that from the assets as well.

The OS as of today is 355 million.

When you do that math…$0.16

As for the volume…it was more than the OS…and the stock was only up 15% at close.

At that volume it should have been a double or triple.

The financiers were dumping into the volume which put a damper on the price rise.