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| Alias Born | 08/19/2009 |
Wednesday, June 13, 2018 5:14:32 PM
Hell yes... "Virtual profits"
The claimed "profits" are nothing but an accounting trick. Basically, the "profits" are the difference from what they previously had calculated was owed on their notes payable (DEBT) based on a variable conversion rate to shares.
So when DBMM's stock tanked, the owed shares were worth less, and thus their debt was lower. So what is false reported as "profit" is an accounting trick resulting from their stock tanking!
The lower the stock goes, the greater the "profit" due to the derivative liabilities! Woohoo! What a way to make money!
"Profits"... LMAO!
And the Judge will immediately see through this as well...
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