SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: bottomfish who wrote (4304)8/20/1999 12:11:00 AM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 5541
 
Barton: According to the news release announcing the merger, the combined companies would have a market capitalization of approximately $36,000,000. The price of EINI shares on the day of the announcement was .843. Therefore, $36,000,000 divided by .843 per share equals 42,704,626 shares. This, of course, is an estimate of post merger outstanding shares. The "float" refers to shares trading. The float is usually less than shares outstanding because it excludes shares that are restricted from trading.

Steve