Post by
AIMer300 on Aug 24, 2009 3:53pm
Financial Statements
I was looking at the most recent Consolidated Financial Statements, and Management Discussion and Analysis. I noticed something that made me wonder if I am seeing right. For Q4 2008, the Net loss per share was $68.64. Is there anyone here who could offer an explanation of what that means?
Comment by
romara on Aug 24, 2009 4:15pm
I just had a conversation with someone at YNG about the Q4 - 2008 Net loss....they are going to check it out....it seems to be a typo.....They are re-checking the books....... Richard.
Comment by
caldernet on Aug 25, 2009 1:53am
If it really says $68.64 loss per share that would be a net loss of over $20 TRILLION dollars.If it ain't a typo then Yukon Nevada is going to single-handedly cause the collapse of the world's economy.I'm certain it's a typo.
Comment by
AIMer300 on Aug 25, 2009 1:56pm
TRILLIONS ?No...that's not correct at all.In Q4 2008, the number of outstanding shares were 197,775,000.197,775,000 x 68.64 Net Loss Per Share = $13.6 Billion.
Comment by
caldernet on Aug 25, 2009 4:11pm
Right right...not trillions. Too many zeroes...lost my comma
Comment by
romara on Aug 28, 2009 10:21am
AIMer300....I have been informed that it is a typo....The CFO is glad someone reads his reports...........Richard