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Microcap & Penny Stocks : Liteglow (LTGL)
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To: Mr. Jens Tingleff who wrote (2776)8/4/1998 5:58:00 AM
From: zonkie  Read Replies (1) of 4715
 
Thats very true Jens but there are many ways to look at it.

Let's say there are 30,000,000 shares outstanding at 10 cents a share. That makes a market cap of $3,000,000.00. Then the company sells enough shares to make the outstanding equal 150,000,000 and the price drops to 2 cents a share, the company is still worth $3,000,000.00 but you only own 1/5th as much of the company as you did before and you need a 500% increase in the share price to be back where you were before.
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