2007-02-13 07:01:08 · 9 answers · asked by madmilker 3 in Business & Finance ➔ Investing
$1 - $0.0001 = $0.9999 profit per share
$0.9999 X 25,000,000 shares = $24,997,500
So the person would profit by $24,997,500
2007-02-13 07:07:48 · answer #1 · answered by COYS 2 · 0⤊ 0⤋
First find out how much they paid:
25 million x .0001=2500 dollars.
Now, since you have 25000,000 dollars at the end, take away the 2500 you spent, and the 249,975,000 you have left is profit.
Then you have to calculate taxes based on the person's marital status and tax bracket, so roughly 35% of this would go to the IRS.
2007-02-13 07:07:21 · answer #2 · answered by sarcastro1976 5 · 0⤊ 0⤋
The person now has $25 million and he paid $2500 so gross profit is $24 997 500
2007-02-13 07:05:33 · answer #3 · answered by feanor 7 · 0⤊ 0⤋
The initial purchase of the "sub PennyStock" cost only $ 2.50.
(25,000 times .00010
When the stock price increased to $1 per share The stock was now valued at $ 25,000.
(25,000 times $1)
The Capital gains or profit made is $ 24,997.50
($ 25,000 minus $ 2.50)
That was a great investment.
2007-02-13 07:22:15 · answer #4 · answered by Ronatnyu 7 · 0⤊ 0⤋
You have to buy them through a broker. If you want to deal with a broker face to face you can find a local broker in your phone book. San Diego should have many with local offices.
2016-05-24 05:58:29 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Only in your dreams.
2007-02-13 08:34:59 · answer #6 · answered by Anonymous · 2⤊ 0⤋
24997500
2007-02-13 07:04:12 · answer #7 · answered by vapeaceout 3 · 0⤊ 0⤋
$2,500 wish it was me ...
2007-02-13 07:14:24 · answer #8 · answered by Anonymous · 0⤊ 0⤋
w/e
2007-02-13 07:08:14 · answer #9 · answered by tyler s 1 · 0⤊ 0⤋