Hi newbers2......................Below is my response to mynot's post on Sep03/2015 in
which he informed us of updating the "Fast Facts' to show over 300Million Fully
Diluted shares of Noront as of that date.Sorry for not responding sooner, i meant to
but got sidetracked. Fully diluted number is as of today closer to 310 Million.
The 257 or so Million shares NOT's rep gave you reflect shares Issued & Outstanding.
Fully Diluted includes those plus all outstanding Options, Warrants, 33Million Convertable
shares @ 45 cents US and some 12+ million shares to cover foreign exchange difference.
Could be more that I omitted.
Someone should have responded to your inquiry.My apology for NOT doing so.
GLTY and all,
Fossil
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Dec 04/2015
mynot...........Thanks for posting lots of info,appreciated.
As for "Fast Facts" report showing over 300 Million FD shares, that would be OK eccept
for the fact that most of the other Cos show Issued & Outstanding shares and NOT FD.
So far only 2-3 % of Options Issued were exercised. The rest were either forfeited or
expired worthless. That might change going forward as Options are lower exercise price.
For that reason i feel that showing Issued & Otstanding shares somewhat better reflects
true picture.