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Re: sparky99 post# 59519

Wednesday, 09/17/2014 10:34:12 PM

Wednesday, September 17, 2014 10:34:12 PM

Post# of 233282
SEC accounting per registration to sell, IMO. June 30 vs. Aug. 22 lowest selling price difference.

"A pro forma balance sheet might show the balance sheet as if a debt issue under consideration had already been issued."

Not meaningful to average shareholders...what PPS you buy or sell your shares for is what matters to you.

...assumed average sale price of $0.24 per share (based on the lowest sales price of our common stock as of August 22, 2014), our pro forma as adjusted net tangible book value as of June 30, 2014 would have been approximately $32,213,016, or $0.04 per share of common stock.

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