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it is a well known fact that toxic dilution occurs via form T trades.
sorry if you don't understand that.
ftr, anyone who relies on investopedia for information probably shouldn't be investing in the first place.
Maybe a formt today? Hopefully this one will be big.
i don't think you understand what form T trades are.
one thing is for sure, they aren't good for shareholders, ever.
there will be more in the future however, dilution and form T trades that is...
"On August 11, 2016, the Company received the second disbursement #2 of the May 20, 2016 GW Holdings Group Backend Note #4 in the amount of $5,746.
The disbursement earns an interest rate equal to 10% per annum and matures on August 11, 2017. The note is convertible at 52% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging . Pursuant to this note, the Company recorded a debt discount of $5,746, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $6,074 at the issuance date.
On August 11, 2016, the Company received the forth disbursement #4 of the May 23, 2016 Union Capital note in the amount of $5,250.
The fourth disbursement earns an interest rate equal to 8% per annum and matures on August 11, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging. Pursuant to this note, the Company recorded a debt discount of $4,782, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $4,782 at the issuance date."
that will add up to around 50 million more shares to the OS.
no, it's not for sale.
it's also no longer owned by FARE.
lol, that's hilarious.
what's not funny is how many millions of dollars FARE scammed out of shareholders over the years.
man up snowflake, it's just a cartoon that represents reality.
lol
Oshkosh believes in AmeraMax... Defense spending RAMPING up big time.
Nigerian defense spending is ramping up?
please enlighten us all.
don't look now, more dilution this week...
"On August 11, 2016, the Company received the second disbursement #2 of the May 20, 2016 GW Holdings Group Backend Note #4 in the amount of $5,746.
The disbursement earns an interest rate equal to 10% per annum and matures on August 11, 2017. The note is convertible at 52% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the conversion date. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging . Pursuant to this note, the Company recorded a debt discount of $5,746, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $6,074 at the issuance date.
On August 11, 2016, the Company received the forth disbursement #4 of the May 23, 2016 Union Capital note in the amount of $5,250.
The fourth disbursement earns an interest rate equal to 8% per annum and matures on August 11, 2017. The note is convertible at 60% of the lowest trading price of the Company’s common stock during the 20 trading days prior to the date of conversion. Due to this provision, the embedded conversion option qualified for derivative accounting under ASC 815-15, Derivatives and Hedging. Pursuant to this note, the Company recorded a debt discount of $4,782, as a result of the embedded conversion feature being a financial derivative. The Company determined that the fair value of the conversion feature was $4,782 at the issuance date."
the patents for vaporware are literally worthless.
not hard to figure out looking at the old filings and market cap.
ftr, no one even knows the actual market cap because the OS is completely unknown.
there has been a lot of toxic note conversion based dilution since the last time the OS was reported.
too bad none of FAREs apps even worked.
pretty sad they are still being promoted even though they never even functioned when released several years ago.
typical vaporware.
wow, the dilution has really been kicked up a notch over the past couple of weeks, so easy to see both in the old filings and the chart.
no surprise that it has coincided with increased promotional activity of this SCAM.
as Sujitta just correctly pointed out, the domain isn't for sale and is no longer owned by FARE. that is the default placer page for GoDaddy.
how again is that a good thing Col?
oh, that's right, it isn't.
BEWARE, FARE was a SCAM
they aren't even in business anymore and literally have no employees, no office, no phone, no website, and no business license.
toxic note conversions and dilution do continue however, typical share printing SCAM.
those videos are all several years old yet FARE never sold a single meter and never developed a working app.
thanks for providing more solid evidence of this now out of business SCAM.
again, no one is marketing HailYes because the app never even worked.
what is so difficult to understand about these very simple and easily verified facts?
you continue to promote completely false download numbers from a site that has been shown to provide the exact same bogus numbers for all apps on their site. continually referencing such false information is indeed fraudulent and deserves disparaging remarks.
we know for a fact that there is only one single source for Android apps and it is the official Google Play store.
FAREs apps weren't even downloaded a thousand times because they never even worked.
keep buying JR, no one deserves the loss as much as you and Col.
you keep repeatedly saying patents live on for 20 years.
are you talking about patents in the US, because those 22 worthless patents FARE supposedly has are all over the world and there is no way that all of those different countries have the same laws regarding the lifespan of a patent.
in other words, that "20 years" you keep throwing out has not basis in reality.
not that any of that matters though, considering the patents are worthless and for something that doesn't even work.
but the products don't work and that is a known fact.
FARE was never able to develop an app that worked, period.
there is a very simple reason why FARE was never able to sell anything. their products quite simply didn't work.
of course, that also means that the patents are absolutely worthless.
sorry Cueva but an out of business company supposedly having some completely worthless patents has nothing to do with being a SCAM.
reality is that all scams like FARE always have something to sell, be it an idea or product.
big problem with FARE is that none of their products even worked, they were all vaporware.
yes, of course the con-men behind this SCAM are crooks.
they stole tens of millions of dollars from shareholders.
that's not a personal attack, it's the truth.
btw, post by the TOS and your posts won't be deleted, it's really quite simple.
i am here for the truth, plain and simple.
and i have done the same on similar SCAMs throughout the years, including those that have been suspended and no longer trade.
FARE was a share printing P&D SCAM that victimized it's shareholders.
the company isn't even in business anymore and EVERYONE knows it.
that's absolutely FALSE.
So it's fare to say that there is something going on with the Moto Meter and it's very positive
no, it's not and that is completely absurd.
With the accumulation that has been happening for so long it's undeniable indeed
reality is that the toxic conversions and dilution have continued, which is the exact opposite of accumulation.
FARE was a SCAM.
the problem is that some people literally have no clue how the notes work.
most of that is correct, but there is still dilution from the toxic notes being converted.
this is a known and verifiable fact in the last filings.
and yes, that does require reading and understanding basic filings.
they did close down but the dilution hasn't stopped.
that's a big problem for shareholders.
with the potential
that might have worked five years ago, but it's too late now.
FARE already closed up shop and left the shareholders with nothing.
yeah, more dilution.
watch out, toxic financing conversion dilution continuing.
manning up would be acknowledging reality, that FARE was a SCAM and has been out of "business" for a while now.
the opposite of that would be promoting this SCAM.
ftr, this question won't be answered because there is absolutely ZERO proof of 22 patents.
is there even proof of a single patent?
FARE was a SCAM, plain and simple.
since we all know FARE was a complete SCAM, can you provide any proof at all that those patents actually exist?
exactly when were these patents issued? it had to have been many years ago.
over those years, their revenue stream has been ZERO.
sorry Cueva, but there is no so-called "potential revenue stream"
the patents are worthless, although at this point, i question if they even exist in the first place.
in other words, shareholders are completely screwed and have zero hope.
those patents are literally worthless.
FARE was a SCAM
but they have been out of business for some time now.
watch out below, .0001 is coming
in all seriousness, you know AMMX represents OshKosh only in Nigeria.
not that Nigeria will ever buy any OshKosh equipment.
Yup! New highs next week.
so that week passed and there are no new highs to be found.
lol
the bid is small and the ask is huge, which means retail is selling, not buying.
the bottom feeders are waiting for FARE to hit .0001
FARE was a share printing SCAM.
those numbers are complete BS and they have absolutely no basis in reality.
assigning a value to something that has literally sold ZERO units in over half a decade is joke.
reality is FARE never even assigned their patents a value when they were still in business.