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Re: nodummy post# 171542

Monday, 04/27/2020 10:23:58 AM

Monday, April 27, 2020 10:23:58 AM

Post# of 234071
Check the accounting

All total the company lost over $10,000,000 through the first 9 months of 2019 alone



Well, the $10m loss isnt cash. The great majority comes from a paper adjustment for derivative liabilities

Loss on change in fair value of derivative liability (7,121,619 )



This is a direct consequence of share price and the then outstanding variable rate notes. Nothing to do with actual cash being lost due to operations

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