Tenax Therapeutics Inc (TENX)

[skyticket1]

the term "earned" was not used.
You fail to explain where the $40 million from the last years capital raise have gone, when you still claim that the marketable securities position on the balance sheet are shares TENX might issue in the future!

if a position on the balance is "marketable securities" it had to be acquired in the first place and not in the future as you say. You said marketable securities on the balance sheet are TENX shares to be issued in the future, just nonsense.
Those marketable securities have been acquired with money which came from the capital raise last year by issuing shares at that time, the point is simple and has no angle.

TENX shares do not qualify as "marketable securities" , if the position on the balance sheet in fact would be TENX shares then technically TENX had to invest in their own shares that it would qualify to be on the balance sheet), but if this position of "marketable securities" is TENX shares then the management is using wrong terminology and misleads all investors, which I do not think is the case.