Selling shares at 39 cents, net tangible book
value after the offering, 8 cents.
Common stock to be outstanding after this Offering
98,485,855 shares does not include:
"7,040,870 shares of common stock issuable upon exercise of
options outstanding as of December 31, 2005, of which
4,320,432 shares are exercisable, under our 1992 Restated
Stock Option Plan, our Stock Option Plan for Nonemployee
Directors, our 1999 Stock Option Plan and our 2000 Genovo,
Inc. Roll-over Stock Option Plan at a weighted average
exercise price of $2.70 per share; and
2,993,541 shares available for grant as of December 31, 2005
under our stock option plans"
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Whew, that is a lot of shares.
I last held Tgen in the fall of 2004, but let
those shares go around $1.20--a rare good call
of mine I think! Currently, my position in dpii
is down 20% which looks like a pretty trivial
move down agaist what I might have lost in tgen.
That said, I sold my Lynx around the same time
however, and I think I'd have done okay there
had I held the Solexa. A wash overall I suppose.
Going nowhere fast! Here begins my next 5000
posts ha ha. |
