I noticed this statement that was released by Minds + Machines (AIM:MMX) this week about the amount of shares it has issued and outstanding:
“The Board of Minds + Machines Group Limited (AIM:MMX) announces that as at the date of this announcement, the total number of shares in issue with voting rights is 831,969,485. “
So almost 832 Million shares.
That is a of of shares
I checked out how many shares Verisign (VRSN) the company that runs the .com and .net registry had issued and outstanding 125 Million shares.
Google has 676 Million shares issued and outstanding.
Between Google and Verisign there are just over 800 million shares which is still well below Minds + Machines 832 Million shares.
Tucows (TCX) has just over 11 Million Shares issued and outstanding.
Neustar (NSR) has over 56 million shares issued and outstanding.
So Minds + Machines has four times more issued and outstanding shares than Verisign, Tucows and Neustar combined.
Anyway you cut it 832 Million shares; that is a lot of shares.
