Fannie Mae-No Politics (FNMA)

[imtheshadow]

Yanks, first, I was replying to your incorrect statement about the credit to paid-in-capital. Re the debit to cash, you are also totally wrong. To quote the article:

In the example, cash is debited by $130,000, the result of the $13 issue price per share x 10,000 shares issued.

Or as you might say, this is Reading 101.

At this point, probably best we just ignore each other. Good luck to you.