Re: Hold on
in response to
by
Message: Hold on
Last 10K...At May 31, 2008 there were 275,227,941 shares of common stock outstanding and approximately 2,861 stockholders of record.
Our common stock trades in the over-the-counter market on the OTC Electronic Bulletin Board. The following table sets forth, for the periods indicated, the high and low closing bid prices for our common stock, as reported by the National Quotation Bureau, for the quarters presented. Bid prices represent inter-dealer quotations without adjustment for markups, markdowns, and commissions.
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Fiscal year ended March 31, 2007
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|||||||
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First quarter
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$
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0.16
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$
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0.08
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|||
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Second quarter
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$
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0.20
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$
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0.12
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|||
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Third quarter
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$
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0.20
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$
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0.15
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|||
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Fourth quarter
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$
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0.28
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$
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0.16
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Fiscal year ended March 31, 2008
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|||||||
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First quarter
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$
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0.23
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$
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0.17
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|||
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Second quarter
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$
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0.22
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$
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0.16
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|||
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Third quarter
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$
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0.11
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$
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0.18
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|||
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Fourth quarter
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$
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0.11
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$
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0.15
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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
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