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U.S.-listed Asian companies
Your all-in-one tool for researching
U.S.-listed Asian companies
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RINO International Corporation... (RINO)
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Make Goods (Financial Targets)
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Share Structure
Sunday, June 8, 2008
Share Structure
Outstanding Shares:
25,161,062
Source: SEC form 10Q (March 31, 2008)
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Make Goods (Financial Targets)
5,580,000
shares of Common Stock have been deposited in escrow t o secure the Company’s obligation to meet the net profit targets for
2007
and
2008.
Financial Targets:
1.
2007
net profit target : Not less than
$16,000,000
(This translates into Earnings Per Share of
$0.64
using
25 million
shares
outstanding).
2.
2008
net profit target : Not less than
$28,000,000
(This translates into Earnings Per Share of
$1.12
using
25 million
shares outstanding).
The GeoTeam is attempting to determine the tax rate used in these targets
.
Source: SEC form 10Q (March 31, 2008)
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