Diego Pellicer Worldwide Inc. (DPWW)

[king koopa]

DPWW the earnings are fake. As in not actual money or earnings. They are calling the change in fair value of derivative liabilities as being "income" which is ridiculously misleading, it's fooling investors.

Stock price went down due to dilution, and the lower stock price during the six month period caused the derivative liabilities, which are a function of the stock price, to also go down. They then reported this reduction in derivative liabilities as "income" which is completely false.

Look at their revenues first, couple hundred thousand a quarter that's nice but then expenses are higher than revenues, yet people believe there's millions in income?? Shouldn't everyone have noticed that real cash income is based on what's left after revenues and expenses? Not by counting derivative liabilities which change all the time whenever the stock price changes, and is just a number on paper, not actual money.