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binford04

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binford04

Re: PennyStalker post# 249727

Wednesday, 05/18/2016 9:47:18 AM

Wednesday, May 18, 2016 9:47:18 AM

Post# of 298910
It looks right accounting-wise, but it's still a shit deal.

Looks like they issued 250 mil shares for $17.5k in 2013 & 400 mil for $28k in 2014. They received the $45.5k payment from Sierra in 2014. It sat on the books as a receivable until they got paid in 2014.

What are you seeing? I never followed what Ed actually said about this stuff.
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