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Don

08/08/13 11:41 AM

#60353 RE: Paolo90 #60350

Do the math...

2,900,000,000 multiplied by (times) $0.001 = $2,900,000
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mgrego

08/08/13 11:55 AM

#60364 RE: Paolo90 #60350

Par Value is $0.001 multiplied by the total A/S equals $2.9 million in total available capital (via using the S/S).

I knew the A/S was going to increased (it was obvious) but am I the only one that is amazed by the size of the increase?

Multiple rates of dilution (over different time periods)

Total number of diluted shares 2013 (so far): 254 million shares

If this rate continued throughout the rest of 2013: 435 million shares

Since Aug 2012: 254 million shares ---> this is over almost an entire year

At the current rate of dilution, the new A/S would support between 3.5-5 years of capital (if all factors remained unchanged).

The company has very little debt and a majority of the expenditures related to the CE Mark are coming to an end.

No really sure what to make of the increase, the facts don't support the size of the A/S increase.

GLTA