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TenKay

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TenKay

Re: DewmBoom post# 65409

Monday, 09/04/2023 8:46:16 PM

Monday, September 04, 2023 8:46:16 PM

Post# of 72828
Derivative liabilities are recognized when a convertible security is issued and reversed when it is converted.

The numbers are meaningless…whether it’s a “loss” on issuance or a “gain” on conversion.

Has zero impact on cash flow (positive or negative). It’s a paper loss or a paper gain.

1) Do I own stock?
Answer: No. I don’t invest in penny stocks.
2) Why am I here?
Answer: I like debating things that I have a 95% chance of being right about.
3) Am I a paid basher?
Answer: Wait…what? You can get paid for this?

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