I missed the quotation marks. There was no citation as to the source other than "From another source elsewhere in the ether world of the net." None of the language in the quote provided a return in a thorough Google search so I assume your ether world source sent you their message privately.
This is very much on topic for DECN, so please consider providing the source of it to allow for a more thorough discussion of the DECN Preferred E shares that were issued to Mr. Robert Herskowitz and to allow for an objective assessment of the integrity of the information.:
"How do you know that these are the same Preferred shares? Despite writing my posts at almost 2:00 am, I have checked this morning with the owner himself, a well known NYC based venture capitalist who specializes in micro-cap companies, who has invested in a few ventures over the years that I have run, and indeed his conversions were of earlier Preferred shares that he owns."
(I found no relevant posts at almost 2:00AM on any DECN public venue. If you won't identify who wrote what you quoted at least provide the venue that it was posted on...Google couldn't find it and public posts are generally easy to find if you know how to search for them.)
But while I obviously missed the quotation marks you obviously continue to miss the point.
I DID SEE the last sentence ("First in, first out."), but it doesn't matter because it's irrelevant. Whether Mr. Herskowitz considers his personal purchases and sales to be executed on a "First in, first out" basis has no bearing at all on the issue I raised, which is based on the accounting of DECN, not of Mr. Herskowitz.
So one more time, restated to relieve any confusion you might have:
"Are you saying these were the only preferred shares he has ever owned?"
No. One more time: Preferred E shares are Preferred E shares.
If he had Preferred shares of another series they had NOTHING WHATSOEVER to do with the issues I raised in my post.
And here are the issues that were raised:
On 1/16 Robert Herskowitz received 100,000 Preferred E shares "for services" that DECN valued at $6,000.
On 2/23 Robert Herskowitz converted an equal amount of Preferred E shares (100,000) for common shares worth $70,700.
The point should be obvious...it should have been obvious from the time I posed Question #1 and it's a simple point. DECN issued shares that they valued at $6,000 and Mr. Herskowitz converted an equal amount of shares 5 weeks later when they were worth $70,700. They don't have to be the same shares for these questions to be valid:
What "services" did Mr. Herskowitz perform in January and what was the basis for the $6,000 valuation of the shares that he was issued?
But can it core A apple?
Yes Ralph, of course it can core A apple.
