Wednesday, January 14, 2015 11:28:59 AM
You could have gotten in at 60 cents
but your investment is still almost worthless
"Also, I appreciate individuals like you that come here and try and play the negative card. Your reason, most say they are "trying to protect those uninformed individuals, i have no idea but entertaining none-the-less"
Do you know how many times I have heard that retort?
What more amusing is the complete inability of longs to explain anything that has gone on with this company over the last 7 years
Has anything the company claimed been validated? Why did Phyllis Rouse make so much money?
Where is Bob Lombard? 7 years and not a word about the development of the DCGT. Mike Rouse doesn't even have a college degree nor does Scraggs. Billy Field?
incorrect OS??
As of September 30, 2014, the Company has issued 136,341,598 shares to 236 and recorded $1,855,912 in deferred non-cash debt offering costs which are amortized over five years.
Okay so the muscle heads at fitness world have recorded a non-cash offering valued at 1,855,912 million dollars. How will they convert that into cash?
I ask because it will be at some point.
How did they come up with that round number?
Is there any material value in TTEG?
NO, TTEG actually has a negative asset value of -900k
Does TTEG have any proprietary assets that work?
NO
So please explain what going on here?
You mean to tell me that someone is willing to put up 1.8 million backed by....... nothing??
We are still waiting to see how they will pull this off
Do you think that the penny letters, fake PR's, and pumpers will help inflate the stock price so equity sales can take place? I will bet YES
Whats also laughable is that the company sports a 7.9 million dollar market cap(with no assists in the bank), just getting back to .07 cents would give it a 27.5 million dollar market cap. They have negative equity of almost 1 million dollars! and the garage sale price of all their equipment wouldnt be more than a few 100k. And yet someone is willing to give them 1.8 million more after 7 years and loosing more than 18 million dollars. Sure than make sense.
I know you are a believer in the technology and that the money you invest is funny money that you don't need. But for the rest of the investing world where capital preservation is paramount beware of this accounting gimmick wrapped up as a technology company.
236 gets 20% rain or shine. Just follow the interest payments
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