Fonix:Voice Recognition Product (FONX) Message Board

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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Randall E Westberg who wrote (3161)	1/10/2002 1:51:31 AM
From: Dan B.	Read Replies (2) of 3347

Re: "<<With 50,000 shareholders the cost of the solicitation and meeting is approximately $125,000.>> You all do the math... Roger is saying that there are 50,000 shareholders in a company with a market cap of about $ 30,000,000 ...thirty million... yeah right!!!" I did the math. It comes to $600 worth per shareholder on average. Divided by a dime, that's 6000 shares on average per shareholder. Is that implausible? Many holders probably paid thousands for $600 worth of value today. Oh, and by the by, 6000 shares times 50,000 shareholders comes to a grand total of 300 million shares outstanding. The numbers seem to fit just right! What's your beef again? I don't get it. Dan B

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