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. |