Thursday, May 01, 2014 3:25:15 PM
Here's how.
Here is the OS as of 12/31/2012.
Then we have a disclosure ending 12/31/2013 claiming 29B++ OS.
Here's the problem with Aaron's math:
Aaron stated that as of 12/31/2012 RIGH had an OS of 4,344,206,740.
After approving a secret AS increase in Sept. 2013 to 30B Aaron started giving "restricted" shares away by the billions.
(a)24,665,700,000
(b) 1,499,000,000
(c) 1,499,000,000
(d) 20,000,000(Aaron claimed 2M, his conversion math is wrong)
(e) 1,990,092,028
-----------------
29,673,792,028 given away on a 30B AS which leaves 326,207,972 shares to cover the OS as of 12/31/2012 of 4,344,206,740.
Not to mention the 500K preferred shares that Aaron no longer has which converts into 5B plus he no longer lists the 200M common given to him at the same time the 4M preferred were given to him.
What happened to the 4,344,206,740 shares in the OS before 29B++ of a 30B AS were given away?
Did Aaron do a secret share buyback? ROTFL
Without question Aaron has exceeded the AS, the only question is, by how much, with the minimum being the amount of the 2012 OS minus the leftover of the 30B not given away of 326,207,972 leaves an excess of 4B+ at least!
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