News Focus
News Focus
Followers 45
Posts 4330
Boards Moderated 0
Alias Born 07/14/2020

Re: Jetmek_03052 post# 360632

Tuesday, 04/15/2025 11:16:48 AM

Tuesday, April 15, 2025 11:16:48 AM

Post# of 369975
Note: Correct OS 865, 218,631. as shown on pg 1 of filing

The bashers continuously never have the right info as they are so quick to spew their version which is never right. Disinformation again to say share OS count wrong. That is why they should be ignored. They need to learn to read financials. They talk to each other and then spread disinformation .

Facts:

1. Aged convertible debentures for one lender removed $739,415 from balance sheet of principal, interest and derivative liabilities. That constitutes total debt for that lender.
2. Cost of fixed equity Settlement of $280,000 Gain to DBMM in extinguishment of debt of $459,415.
3. Net Income of $98 , 946 . See results and Non-GAAP Financial Results (EBITDA.)
4.. Debt reconciled in 2Q filing, but equity traunced by mutual agreement. 40 m share in 2Q25 as tranche 1 while all debt removed on balance sheet. OS only 865, 218,631. Issued and outstanding.
5.. Total equity to remove debt 100m fixed shares . 60m issued at TBD point in future, therefore not OS in 2Q--some mutually set time(s) in future . Shares are fixed in number at 60m.
6. Settlement totally to benefit of company. Cost of debt settled for approx 70% of liability. Fixed settlement .
7. See OS on OTCM as accurate TA verified as number of shares issued.
8. Net Loss decreased significantly as driven by derivative liabilities as Company has stated before when bashers whining about it. Just a point in time.

LTIs continue to fund Cashflow as
always. The Company knows exactly what it is doing. One step at a time.