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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!!
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To: lakers17 who wrote (803)7/27/1998 10:42:00 PM
From: Lazarus  Read Replies (1) of 906
 
Actually the stock is near its 52 week high. When the stock was trading at .25 there were around 10 million shares outstanding. Today with 94 million shares out the equation factoring in the dilution looks something like this:

.03 X 9.4 = .282

or another way is: with 10 millions shares OS at .25 the market cap = 2,500.000.00

now take that same market cap and divide it by 94 million shares and you get .0265

Either way the stock is pretty pricey

I hope you understand the math.

Barginstocker
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