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Re: Seekingalphacontributor post# 5335

Tuesday, 09/09/2014 10:38:41 PM

Tuesday, September 09, 2014 10:38:41 PM

Post# of 6062
Running up Payables and unpaid salaries isn't impressive, especially when you have to take out advances from people and you may not have access to new capital from unrelated third parties, or at best at very expensive terms.

And financial analysis requires one to properly account for the "discount" on the long-term debt value on the balance sheet and that there are over 95 million in fully diluted shares, and you get there with conversions and exercises that will occur at 50% of the current stock price and have to be done in the next 12 - 15 months.

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