Tastes, only guessing:
Maybe the 1998 number (in 1998 it increased by 2.3M)
See: Message 8988709
Per: biz.yahoo.com
"the weighted average number of common shares outstanding was 2,366,589 greater in 1998 as compared to 1997."
The other possibility is that Josef took the sum of all convertible shares:
1.380M already out and convertible into common + 1M from the most recent placement.
REDEEMABLE CLASS A PREFERRED STOCK,
PAR VALUE $.01 PER SHARE:
Authorized - 1,400,000 shares
Issued and outstanding - 1,380,000 shares
at par and redemption value
SHAREHOLDERS' EQUITY
Common Stock, par value $.001 per share:
Authorized - 50,000,000 shares
Issued and outstanding - 15,452,442 (1998)
and 13,814,859 (1997) shares
IS
|
