How many shares does BANKS.com have outstanding?
As of April 30, 2010 BANKS.com had 26,121,151 shares of common stock and 3,000,000 shares of Series C Preferred stock outstanding. The Series C Preferred is convertible into 1,000,000 shares of common stock. As of March 31, 2010 the company also had 1,827,031 outstanding options at an average exercise price of $0.80 of which 517,651 were exercisable at an average price of $1.31. Also as of March 31, 2010, the company had 6,327,435 warrants outstanding at an average exercise price of $1.20 of which 5,811,372 expire on September 29, 2010.
