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Thursday, May 10, 2018 1:30:38 PM
2. Dilution
Alpha on 8/21/2017: "NOTES IN DEFAULT! DILUTION COMING READ THE 10Q"
While you were technically right about dilution, you had no idea why it was coming. You thought the notes in default were why dilution was coming but it was really due to outstanding warrants that you had no idea existed.'
3. Risks
Alpha on 8/16/2017: "1. Look for 101 2. Look for the cross appeal. If you see those two things, risk just increased. 3. Then the next worry becomes who are the judges."
Nope, neither of the first two happened and WDDD got a really good panel draw.
4. Financial statements and cash needs
If you actually knew why dilution was coming (i.e. $875k of warrants were going to be exercised), you would know that the company wasn't actually going to need cash after the warrants were exercised.
You also consistently ignore the $6M of MRMD liquid investment that is readily-convertible to cash and ignored my cash flow projections here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139350138
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I mean, this is the same guy who thinks WDDD is going to have to pay their accrued expenses even though they've been increasing by 100-200k per year with no payment once since the company was founded and they're owed to a related party.
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