TFCT look dilution below, and the huge losses last Q.It was 7 million shares after R/S, then in just three months it went up to 113 million, and after another three months up to 172 million, and I bet it will be more than 210 million September Q.As you can see the last 5 trading days traded 100 million shares.
TFCT open high low close change volume
09/05/03 0.09 0.09 0.06 0.06 -0.02 20,179,000
09/04/03 0.04 0.10 0.04 0.09 +0.05 37,931,500
09/03/03 0.04 0.04 0.03 0.04 +0.00 12,039,500
09/02/03 0.03 0.04 0.03 0.03 +0.01 6,660,000
As I bet year end it will probably have 300 million shares out.
State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 172,905,360 as of August 1, 2003.
State the number of shares outstanding of each of the issuer's classes of common equity, as of the latest practicable date: 113,980,802 as of April 16, 2003.
For the three month period ended June 30, 2003, the Company experienced a loss of $641,495 as compared to a gain of $219,433 for the comparable period of 2002. The gain for the three months ended June 30, 2002 included revenue from the sale of 2826 Elm St., Inc. of $324,729. The loss from normal operations in the three months ended June 30, 2003 was compounded by the loss realized on the sale of the Haltom City facility of $210,930 (see Footnote 5: Sale of Assets). Revenue decreased from $479,710 in the three month period ended June 30, 2002 to $154,645 in the three month period ended June 30, 2003 |
