Replies to post #48439 on Encounter Development Technologies Inc. (ENTI)

[kastlem]

Vipyr... Yes, it is possible for a given company to have a value over a dollar or even more with the float as high as ours here at ENTI. Remember we are discussing the point of share number vs value of said shares, rather than the merits or lack thereof of the issuing company. Is it possible? Please take a look at the Key Stats of an example stock:
http://finance.yahoo.com/q/ks?s=YHOO+Key+Statistics
Note the pps. Now if there were 3.3B shares, we could divide the pps in three for a ballpark figure of over $4.00 a share.
Not saying this is what is going to be true of any company yet to realize profits, but just saying... can't say: "The stock cannot go to 1.50 per share with 1 billion, or 2 billion, it just cannot happen." because there is precedent:-) GLTA