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Re: OnceBurned post# 21778

Friday, 04/26/2024 10:34:57 AM

Friday, April 26, 2024 10:34:57 AM

Post# of 22067
Yeah, thought you might once I had a chance to reread my response. Sort of put my foot in my mouth on that one. Probably should have known better than to get into a discussion on WS math.

It all boils down to an accurate accounting of the 'potential' number of shares that are actually issued having the "potential" of being issued in respect to what they can issue (A/S). The point being, when you discussed the ability of the toxic note holder's ability to dump "new shares", I reflected on what the O/S currently stands at AND that no increase in the O/S is being reported - for some time now.

I remain confused as I suspect it is intended by management. They really do not want their retail share holders to know how bad their accounting practices affects the pps NOW and into the future if the sale actually occurs.
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