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Re: Intotheblack post# 57388

Tuesday, 07/12/2016 10:15:21 AM

Tuesday, July 12, 2016 10:15:21 AM

Post# of 63559
He actually stated that hardly anybody knows what the "facts" are since "capital structure is a bewildering mess", which is a problem in itself.
Secondly, he stated that company resorted to skillful information avoidance and didn't integrate appropriate numbers by saying this

For the period ended March 31, 2016, the Company has excluded 899,574 options, 2,997,000 warrants outstanding, notes convertible into 3,194,279 shares of common stock, and Series B preferred stock convertible into 1,506,024 shares of common stock because their impact on the loss per share is anti-dilutive.


And most importantly, he, like many before confirmed again, that "insiders self-dealing and toxic financing" taken place and nobody can deny it.

Anybody who has analytical skills can read between the lines even though the conclusion somewhat contradicts factual info of the article, but that is his opinion. Great article though. Another confirmation why volume is a joke inspite of all "great news" and where those "mysterious" shares appear non-stop for sale on ask. Not so "mysterious" any more. imo