RFMK NEGATIVE PRICE PER SHARE I have some DD for
Post# of 11899
RFMK NEGATIVE PRICE PER SHARE
I have some DD for you, you can figure the rest out
NET LOSS (431,798)
oustanding shares: 1,131,323,736)
outstanding warrants 12,343,150
warrants exercise 30:1 right?
THOUGHTS?
Per Accounting Standards Codification Topic 260 "Earnings Per Share" (ASC 260), basic earnings (loss) per share are computed by dividing the net income (loss) by the weighted-average number of shares of common stock and common stock equivalents (primarily outstanding options and warrants). Common stock equivalents represent the dilutive effect of the assumed exercise of the outstanding stock options and warrants, using the treasury stock method.