Free
Message: Re:New authorized shares What to do with them.

Oct 29, 2008 10:23AM

Oct 29, 2008 10:52AM
1
Oct 29, 2008 11:03AM

Oct 29, 2008 11:20AM

Oct 29, 2008 11:26AM

Oct 29, 2008 11:29AM

Oct 29, 2008 11:32AM

Today offer only, unless the pps goes beyond the $1.00 mark.

Now having options at the current price, exercisable by 2013 would be very attractive.

non-issued shares / estimated shareholders = x number of shares per shareholder. substitute values

50,000,000/20,000=2500 each

Cost base 2500 x $.15 = $375.00

Sell at $20.00 x 2500 = $50,000.00

Net Gain = $49,625.00

That is what edig should do with the excess authorized shares as a result of the support we provided for the last ten years.

Share
New Message
Please login to post a reply