Nope - you have the decimal place one position too far to the right...
You will get $1125.00 - i.e. eleven hundred and 25 dollars.
3,000,000 / 40 = 75,000 (you're right so far)
75,000 x 0.015 (i.e. 1.5 cents) = 1125
NOT 11250.00
So, you get a miserable 1125 bucks for your $36,000 outlay.
For those poor sods that bought up near the high of 4 cents, they are even worse off.
I suppose even a single dollar is better than a complete write-off though, even if it IS a token gesture.
But I'd like to give the company, it's board, and one director in particular, a token gesture - involving my middle finger, closely followed by a fist....
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stay tuned, page-16
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