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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: HRAKA who wrote (9489)2/6/1999 9:16:00 PM
From: SEAN007  Respond to of 122087
 
MMHY interesting reading linpo.on.ca
MMHY 10k-http://www.mhmeyerson.com/10ksign.htm


Year ended January 31, 1998

Shares outstanding during the year ended January 31, 1998:

4,993,335 shares from February 1 to February 12, 1997
12 days
59,920,020
4,995,335 shares from February 13 to February 24, 1997
12 days
59,944,020
5,000,335 shares from February 25 to April 1, 1997
36 days
180,012,060
5,030,335 shares from April 2 to May 22, 1997
51 days
256,547,085
5,035,335 shares from May 23 to August 13, 1997
83 days
417,932,805
5,042,835 shares from August 14, 1997 to January 12, 1998
152 days
766,510,920
5,047,835 shares from January 13 to January 31, 1998
19 days
95,908,865
365
1,836,775,775

1,836,775,775 shares divided by 365 days = 5,032,262 average shares outstanding.

Loss year ended January 31, 1998 = $(1,719,464)

Basic and diluted loss per share = $(1,719,464)/5,032,262 = $(0.34)


Calculation of equivalent shares was not included as it would be anti-dilutive.