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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?

To: Kelly Igou who wrote (4373)5/26/1999 11:07:00 AM
From: clw  Respond to of 4767
 
The number you used is total shareholders' equity and liabilities. The net book value is just the shareholders' equity figure of $3.04 million, so it is 10 cents of net book value.

The total assets per share is the 23 cent figure, but creditors have prior claim over some of that, which is why the net book value number is better.


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