Thursday, July 14, 2016 12:24:57 AM
which, mathematically, is exactly what happened if one unrolls the reverse split of COMMONs only, the untouched SUPERVOTING CONvertible preferred shares, and the AS of 499,000,000,
the ~OUTTerweb apparently doesn't realize that is exactly what just happened to them. Two days ago, on a pre-split basis, they'd be screaming bloody murder (or nott, LOL!) - butt today, hay, it's just fine.
And as for the jackassterism of "better to have raised the AS to 13 billion (499,000,000 post-RS) than to have multiple smaller AS raises",
well,
first, that CONtains the fallacy that DaFoley won't do even more AS raises - history shows that, like a vacuum, any headspace between AS and OS will be rapidly filled by DaFoley and his CONvertible notes - 0.0001s and floorless ones. ROYAL FOLEY CAPITAL will fill that headspace between 80,000,000 and 499,000,000 faster than it takes to fill the drive-thru line at an In-N-Out Burger right after bar time,
second, it is analogous to a totally paralyzed quadriplegic on a ventilator saying 'gee, I'm glad my spine broke at the highest level, and not first in the lumbar region where I would have lost use of my legs, and then later in the thoracic region where I would have lost use of my arms, and then even later in the cervical region where I would have lost my ability to breathe'
- just before the janitor unplugs the respirator as he's leaving the room.
Being skinned by a psychopathic felon - nott Jimmy Burke, butt by a real sadistic psychopath - DAVID RUSSELL FOLEY, Federal inmate 13141-111, founder and de facto CEO of NTEK and owner of ROYAL FOLEY CAPITAL GROUP - will leave a permanent mark.
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