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China Crescent Enterprises, Inc. Message Board

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  • keep_investing keep_investing Oct 27, 2009 7:35 AM Flag

    CCTR can Dilute without any notice to common shareholders. Filing & Link!

    <<CCTR is not diluting. Period. The Market cap doesn't lie and it's only trading around $700k per day anyway.>>

    You have that right!
    Presently CCTR's shares outstanding equals 20M, and this is proven by taking yesterday's closing "market cap" and dividing it by the closing "share price":

    shares outstanding = market cap/share price = $1.04M/$0.052 = 20M