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  • casp321 casp321 Dec 21, 2009 6:59 AM Flag

    I WILL submit an SEC Complaint about 57% PRIMIUM SCAM

    -----On2 Technologies, Inc. (NYSE Amex: ONT) and Google Inc. (NASDAQ: GOOG) jointly announced today that they have entered into a definitive agreement under which Google will acquire On2, ...The transaction is valued at approximately $106.5 million.



    Google to Acquire On2 Technologies
    August 5th, 2009

    CLIFTON PARK, NY and MOUNTAIN VIEW, Calif. (August 5, 2009) - On2 Technologies, Inc. (NYSE Amex: ONT) and Google Inc. (NASDAQ: GOOG) jointly announced today that they have entered into a definitive agreement under which Google will acquire On2, a leading developer of video compression technology. Under the terms of the agreement, each outstanding share of On2 common stock will be converted into $0.60 worth of Google class A common stock in a stock-for-stock transaction. The transaction is valued at approximately $106.5 million.


    http://www.on2.com/index.php?id=472&news_id=681

    ---------------------


    ASSUMING the calculation I am doing is correct:

    Number of Outstanding shares seems to be LARGER in August 5, 2009, 177,500,000, than the one from ON2's Form 10-Q for 2009/Q3 reported on Oct 31, 2009, 176,590,000. How COULD this be possible???

    Which one of these are the right number?



    2 million "EXTRA" Outstanding share between July 31, 2009 and December 2009:


    177,500,000 - 175,590,000 = 1,910,000 "MISSING" from second quarter 2009 Form 10-Q


    1) Number of ON2's Outstanding shares Based on the Value of ON2 Given on August 5, 2009 "Merger" PR

    $106,500,000 / $0.60 = 177,500,000


    2) Number of ON2's Outstanding shares Based on Form 10-Q for second quarter Ending June 30, 2009
    The number of shares of the Registrant’s Common Stock, par value $0.01 (“Common Stock”), outstanding as of July 30, 2009 was 175,504,000


    3) Number of ON2's Outstanding shares Based on Form 10-Q for third quarter ending September 30, 2009
    The number of shares of the Registrant’s Common Stock, par value $0.01 (“Common Stock”), outstanding as of October 31, 2009 was 176,590,000

 
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