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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: deepthroat22 who wrote (40203)5/11/2001 9:53:16 AM
From: deepthroat22  Read Replies (3) | Respond to of 40688
 
Good point deepthroat. Yes, I am talking to myself. Try to avoid dialog with dumb bunnies.

Someone can help me with my math. Might not be correct.

Little Glenn paid $1,000 for 1,000 shares. There were 10m in the float. Cap is $10 million. Little Glenn owns.0001 of the company.

Fast forward to today. There are 52M in the float. Cap at $1 a shares = $52million (for comparison purposes). Little Glenn's ownership has been reduced to: .0000 (192). Need some help guys. My calculator won't handle this number. RFOL.

Real cap on company at .35 = $18,200,000, so what percentage of PNLK does little Glenn own? Assume that little glenn has been a good little goat and has never traded any shares.