Re: Hold on
in response to
by
posted on
Oct 22, 2008 07:08AM
Last 10K...At May 31, 2008 there were 275,227,941 shares of common stock outstanding and approximately 2,861 stockholders of record.
Fiscal year ended March 31, 2007
|
|||||||
First quarter
|
$
|
0.16
|
$
|
0.08
|
|||
Second quarter
|
$
|
0.20
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$
|
0.12
|
|||
Third quarter
|
$
|
0.20
|
$
|
0.15
|
|||
Fourth quarter
|
$
|
0.28
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$
|
0.16
|
Fiscal year ended March 31, 2008
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|||||||
First quarter
|
$
|
0.23
|
$
|
0.17
|
|||
Second quarter
|
$
|
0.22
|
$
|
0.16
|
|||
Third quarter
|
$
|
0.11
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$
|
0.18
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|||
Fourth quarter
|
$
|
0.11
|
$
|
0.15
|
We have an accumulated deficit of $82 million and a working capital deficit of $1,292,292 at March 31, 2008.
The simple math for real share currency value as of last 10K
-82,000,000 / 275,227,941 = (-.29)
We're trading x's what above that ?
100,000,000 -82,000,000 = 18,000,000 / 275,227,941 = (+.0655)
once positive
100,000,000 / 275,227,941 = (+.3633)
Has LG put us in the neighbor hood of .36 exact currency value?
doni