VNUE Inc (VNUE)

[AlwaysRed]

Looks like all the other Nasdaq stocks I've looked at:


Cash Flows From Operating Activities:
Net income (loss) $ (22,762,622)


Year Ended December 31, 2022

General and administrative expenses $ 500,633
Payroll expenses $ 302,277
Professional fees $ 727,052
Amortization of intangible assets $ 758,333
Stock based compensation from the issuance of Series C Preferred Stock $ 15,300,000

OH MY GOD! $ 21,849,979

They issued 15 million dollars worth of stock to themselves!

"The increase of $20,917,845 in our operating expenses for the year ended December 31, 2022 versus the same period ended 2021 is primarily attributable to a $15,300,000 non-cash stock-based compensation expense related to the issuance of Series C Preferred voting stock to our directors"

https://www.otcmarkets.com/stock/VNUE/security

But that does not stop them from diluting to keep the money rolling in for them Off of your backs of course:

Weighted average common shares outstanding:
Basic 1,495,043,842 1,300,621,328
Diluted 1,495,043,842 1,311,935,180

"More recently, the Company has been relying on issuances of its preferred stock and its equity line of credit with GHS Investments, LLC (“GHS”), described below, to fund its operations. All other financial commitments have been terminated, and we are looking for new opportunities to fund the Company to supplement our preferred stock and credit line funding. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to the Company. Even if the Company can obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing, or cause substantial dilution for our stockholders, in the case of equity financing."

Our existing stockholders will experience significant dilution from the sale of our common stock pursuant to the GHS Financing Agreement.



The sale of our common stock to GHS Investments LLC (“GHS”) in accordance with the GHS Financing Agreement will have a dilutive impact on our shareholders. As a result, the market price of our common stock could decline. In addition, the lower our stock price is at the time we exercise our put options, the more shares of our common stock we will have to issue to GHS in order to exercise a put under the Financing Agreement. If our stock price decreases, then our existing shareholders would experience greater dilution for any given dollar amount raised through the offering.



The perceived risk of dilution may cause our stockholders to sell their shares, which may cause a decline in the price of our common stock. Moreover, the perceived risk of dilution and the resulting downward pressure on our stock price could encourage investors to engage in short sales of our common stock. By increasing the number of shares offered for sale, material amounts of short selling could further contribute to progressive price declines in our common stock.

All those millions of dollar to them and all that dilution for you. And all for what?:


Gross profit (loss) 33,269

Yup, Nasdaq!

And where is that 5% RHL income?

Dilution.........

https://www.otcmarkets.com/stock/VNUE/security