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Thursday, April 30, 2015 5:29:54 PM
Last Year In Nov. & Dec There Was An Undisclosed Amount Of Commons That Was Issued To Certain Note & Warrant Holders That Never Should Have Been Issued, In Accordance To The PR!!!
These Commons Where Executed Below The Company's Par Value Of .001 (In Other Words They Where Sold In The Trips), And Keep In Mind This Was Done Last Year In Nov. & Dec.
These Commons Never Should Have Been Issued In The First Place....IMO That The T/A Was Duped By Attorney's Spewing a Bunch Of Legal Mumbo Jumbo Convincing Enough To Release These Commons....
Now What's Good About This Error, Is These Commons That Was Sold Into The Market Last Year Have To Be Accounted For By Either Returning Them To The T/A From What Notes They Still Have, And Or Subtracting The Dollar Amount Made Off Of These Commons From The Notes They Still Currently Hold Which In All Essence Is a Win!!..,Win!! For ADMD""
Also Players This Could Potentially Eliminate 800Milly In Notes & 11Milly In Derives Plus Eliminating a Big Chunk Of Warrants As Well!!!
All In All This Is An Addition To All What Jim Has Done To Clean Up The Books Before The FDA News Of Approval DROPS""....
This Answers Another Question I Had Lurking In My Mind.....Why Is The Accum/Dist Level @ 1.3B With The Float Just Being 930Milly?
This News Answers This Question....The Note Holders Where Diluting More Than They Was Suppose To Last Year Players & As a Direct Result There's Some Entities, And Individuals Out there That Own Huge Blocks Of Shares In Here...,And Now The Note Holders Have To Make Good On Them""!<<<<<LMFAO!!!
When The 10Q Comes Out It Will Fill In The Gaps Of Exactly How Many Commons Where Issued & What The Current SS Is At This Point In Time..
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