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Re: A deleted message

Friday, 08/25/2017 1:21:22 PM

Friday, August 25, 2017 1:21:22 PM

Post# of 46515
Yup - he repeatedly ignores the fact that following the conservative rules of GAAP, WDDD has done their due diligence by mentioning possible dilution to raise capital for notes in default.

Further mentioning of selling MRMD - which would have a smaller negative effect on the PPS of WDDD - is not necessary because the effect on the shareholders would be immaterial (or to a general investor) and this outcome is actually slightly more favorable (i.e. they disclosed the more negative decision already). No further disclosure is needed.

Dilution is more likely than selling MRMD imho. But saying that they can't sell MRMD is laughable and used as a scare tactic.

And for the 7th(?) time, dilution is so irrelevant to a long investor it's not even worth mentioning except to profit off (cough cough). Everyone knows this stock is heading toward .005 or .30+. The middle ground is incredibly unlikely.