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Three hundred million shares at a penny each
Monday, May 11, 2009
I must be missing something here - this MarketWatch report looks like something that would appear at the nation's finest news source, The Onion. This Wikipedia entry may help explain.
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3 comments:
http://en.wikipedia.org/wiki/Par_value
I know. It still looks funny.
2.4 Billion shares issued, so 10% more
shouldn't crash the price.
Nope, not until the sales figures collapse
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