mPhase Technologies Inc (XDSL)

[syscat]

On the contrary, it is. It shows how deceitful these scam artists are. I've been around this company/stock a long time and nothing has changed. Only the method they use to pay themselves at your expense. So where they dumped unregistered shares into the market under that scam, they now do it via debenture/notes. Read the financials and calculate just how many agreements are in place with multiple ACTIVE iterations of conversion. And then figure out how much mPhase is paying their debt to AVOID default/conversion. The answer is $0. They obtain funding/money from the note holders, make no payment and allow debenture conversion to keep this thing afloat. Shares that are constantly diluting and adding to the O/S daily.