Replies to post #31139 on EnviroTechnologies International Inc. (ETII)

[Housh]

Let me know what you think, but remember, there is no disputing the fact that AT LEAST 90,000,000 out of the 103,817,700 shares traded in Q1 were sold by the company to dilute the share structure.

[punk153]

You are forgetting stock options. Who knows what types of options could have been released.

IMO

[bluesky2]

Appreciate time you took to collect numbers. First time I've actually seen everything OS 1st Q put together. However, regardless of share structure, key is purpose of dilution. If company is building off dilution -- good. If company is NOT building -- bad. We just don't know.

Thank you, though, for figs. Keeping for personal reference.

[boilerup72]

I am not really disputing what you are saying but I don't believe there is any way the weighted was 170M at the end of 2010 when the end of Q1 actual was reported as 343M and Q2 was like 305M I think...I just don't see how the weighted could get that low by the end of the year when the weighted average for the first half was around 320M....What am I missing?


"At the end of the year 2010, the company reported a 'weighted average' OS of 170,833,333.

Assuming that the company was not lying, and because of the reductions that had occured during the year, it is very likely that the actual OS at this time was around 130MM shares.

On July 11, 2011 when HNSS filed its Q1 2011 results, the 'weighted average' OS was stated to be 263,833,333. Again, with the same assumptions, and accounting for the 'weighted average' language, the actual number is likely closer to 280MM shares."