Saturday, September 09, 2017 10:16:34 PM
I pulled the entire filing and I found the word may. This is from the 10q from August 2017. It is in plain English.
Demonstrate where you find that in any sentence of the August 10q filing with the US SEC that any part of any sentence states it will definitively dilute. If you can I tip my hat to your reading comprehension ........if not shake the tree in a new manner and show all of us your true creativity.
You have already turned down my first challenge. Will you now turn down this challenge?
Copied from the August 2017 10q as filed with the US SEC.
https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12229123
Notes Payable
The Company has $773,279 in short term notes outstanding at June 30, 2017 and December 31, 2016. These are old notes payable for which the statute of limitations has passed and therefore the Company does not expect it will ever have to repay those notes.
The Company has an additional $750,000 in notes outstanding at June 30, 2017 and December 31, 2016.
Comprehensive Income (Loss)
The Company reports comprehensive income and its components following guidance set forth by section 220-10 of the FASB Accounting Standards Codification which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. There were no items of comprehensive income (loss) applicable to the Company during the period covered in the financial statements.
Loss Per Share
Net loss per common share is computed pursuant to section 260-10-45 of the FASB ASC. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. As of June 30, 2017, there were 9,050,000 options and no warrants, whose effect is anti-dilutive[/b] and not included in diluted net loss per share for June 30, 2017. The options and warrants may dilute future earnings per share.
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