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How is market value of publicly held shares (“MVPHS”) calculated?

April 26, 2017calculated held market Shares value

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How is market value of publicly held shares (“MVPHS”) calculated?

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MVPHS is calculated by multiplying the publicly held shares, which is total shares outstanding less any shares held by officers, directors, employee stock ownership plans, or beneficial owners of 10% or more, by the closing inside bid price.