Friday, December 03, 2021 11:19:48 AM
Evidently that's very hard to understand. Simple usually is.
The amount of dilution will correspond to the relative value ratio of the two companies. We know the value of GTLL is about $250K for a trading take-over target less the shareholder deficit of -925,419 for a net value of NEGATIVE $675,419. So the dilution will be MASSIVE even if the value of Tersus is only $250K. A R/S is only one way to accommodate that dilution. Wayne's recent methods are to issue convertible preferred shares to rely on the ignorance over what shareholder equity is comprised of.
Fact is, Tersus seems to only own a website and its owners probably consult with each other to fabricate a revenue stream. (Owner 1 charges owner 2 $500K and owner 2 charges Owner 1 $500K. Voila! $1M in revenue......then the company pays them $500K each in salary.) Seen it dozens of times in these stinky pinky Anderson scams.
The amount of dilution will correspond to the relative value ratio of the two companies. We know the value of GTLL is about $250K for a trading take-over target less the shareholder deficit of -925,419 for a net value of NEGATIVE $675,419. So the dilution will be MASSIVE even if the value of Tersus is only $250K. A R/S is only one way to accommodate that dilution. Wayne's recent methods are to issue convertible preferred shares to rely on the ignorance over what shareholder equity is comprised of.
Fact is, Tersus seems to only own a website and its owners probably consult with each other to fabricate a revenue stream. (Owner 1 charges owner 2 $500K and owner 2 charges Owner 1 $500K. Voila! $1M in revenue......then the company pays them $500K each in salary.) Seen it dozens of times in these stinky pinky Anderson scams.
My opinions are what I express in my posts....each and every one of them. BUT...I was wrong once and could be wrong again sometime so do your own research and don't blame me if you are too lazy to do so.
Recent GTLL News
- Form 8-K - Current report • Edgar (US Regulatory) • 03/26/2026 02:42:30 PM
- Global Technologies, LTD (OTC: GTLL) Issues Formal Confirmation of SEC Reporting Status and Completion of Independent Two-Year Audit • GlobeNewswire Inc. • 03/26/2026 01:20:00 PM
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 03/23/2026 09:25:19 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/20/2026 01:34:11 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 02/17/2026 10:15:07 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/20/2026 10:12:37 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 12/30/2025 03:24:47 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/12/2025 08:09:27 PM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 09/29/2025 07:52:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/04/2025 08:23:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2025 09:10:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/22/2025 07:14:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2025 08:20:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/04/2025 08:11:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2025 04:35:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2025 08:27:24 PM
