Replies to post #13455 on PowerLinx Inc (PWNX)

[shamus]

Madhatter, no, I am not referring to authorized shares. I discussed authorized shares in this post:

http://ragingbull.lycos.com/mboard/boards.cgi?board=SEVU&read=44580

(NOTE: The Gopher filings actually list 100,000,000 authorized shares, not 500 million as I incorrectly reported.)

[Moron]

"George apparently did not see fit to correct the inaccurate post by Shamus on the heading of the message board regarding the number of issued shares."

C'mon MH, do you really think George cares about what is posted here?

Maybe it's time for a reality check. Whether there are 15M or 60M shares floating around, the sum total belonging to everyone who ever reads these boards (much less believes what they read) is completely insignificant. People who believe otherwise are either extremely naive or simply not very bright. We know there have been exceptions in the past, as Rich used to read and post, and it's quite possible that George and/or other insiders may read this junk on occasion, but do you honestly believe they take any investment or business related action based on anything they read here?

Personally, I hope George has more important things to do with his time than read what Shamus places as a header or what any of us post, but I'd bet my shares it's not very important to him.

[gotinearly]

MH, perhaps you should think before you post.

"Shamus & Gotin, get your definitions straight. I think what you are trying to say is there are approximately 12.5 million free trading shares, approximately 27-28 million shares issued (of which 12.5 million would be free trading and around 15 million would be restricted), and there are 60 million AUTHORIZED shares.
The authorized shares would be, I think, what you are referring to as treasury shares. These authorized shares would be shares unissued and not trading."

No we are not talking about AUTHORIZED and unissued. you seem to be confused.

To my knowledge there are:

*100,000,000 shares authorized
*60,000,000 of those shares issued
*33,000,000 of those issued shares held in treasury
*12,500,000 of the issued shares in the public float (ie not restricted}

JMHO