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Barney Vissur

11/13/12 5:39 PM

#20742 RE: sojomy #20738

he said "immaterial."
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sojomy

11/13/12 5:39 PM

#20743 RE: sojomy #20738

Also, they sold $12 million in shares this quarter. Even if they sold them at 20 cents, almost twice the current price, that's still 60 million new shares. I saw 191 Million outstanding shares before, so this round of dilution puts us at 251 million outstanding shares? The stock just got diluted by almost 25%. That makes today's 11.8 cent price tomorrows 8.6 cent price.



Actually, does anyone know if the number of outstanding shares was 190 million before or after the $12 million worth of shares was sold this last quarter?!?