Friday, October 07, 2016 4:20:32 AM
2. As regards VHUB and the debt repayment, I would believe that, just like they did in 2015, if they had paid the June portion of the debt in cash, we would have seen a cheerful press release to celebrate just that. Yet, the point you make is equally true that we would have expected an SEC filing if there had been a material increase in issued shares.
3. Of course you're right that the starting point for issued shares is the 89 million number which would include the 8 million in Fife's filing.
4. The absence of current reporting on matters like these is why cautious folks like me do things like cutting my estimated value of the stock in half as the last step in making guesses (or why other colleagues on this board will even use the word "scam" upon occasion). Fortunately, in less than a week, we should all be more enlightened as to what's been going on (especially if there is a robust "subsequent events" section in the financial statements).
5. And back to where I started, my prayers as regards the hurricane!
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