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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: GARY P GROBBEL who wrote (65718)7/3/2007 12:27:18 PM
From: GARY P GROBBEL  Read Replies (1) of 120411
 
Zen....here is what I wrote--

30m shares out

what i SHOULD have said is....30m shares declared....

Sometimes the number outstanding and the number they declare upon can be quite diff due to treasury shares, other issues....if a company says in the SE section 100m authorized, 45m outstanding but their eps is based on considerably less shares it makes a diff when calculating eps...the eps is based on whatever number the company has declared for that particular qtr....

Let's wrap this up and stop putting everyone to sleep....
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