Friday, September 21, 2018 3:51:25 PM
You are ignoring the preference shares, the Websites calculating don’t know / understand these
For every single share, management own an additional 3.25 shares.
They dilute 1 share into the OS, they also print another 3.25 shares for themselves.
Read the financials , ask on the board , I promise you I am not wrong on this.
Ask Steve on Twitter,
If you don’t believe me that’s fine, I can probably pull the lines out of the financials and paste them.
(Edit) . Got the line for you. 3.45 , not 3.25 as above.
For the three months ended May 31, 2017, the weighted average number of common shares outstanding was computed by multiplying the number of common shares of OMVS outstanding as of February 28, 2017 by 3.45 based on the terms listed under the amended Certificate of Designation for OMVS’s Series F Convertible Preferred Stock.
ALSO remember the 13 million Dirivatives liabilities. Multiply the OS 10-20x to clear that toxic mess.
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