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Re: weeblewobble09 post# 16160

Friday, 08/17/2012 11:31:14 PM

Friday, August 17, 2012 11:31:14 PM

Post# of 163722

I think you're missing what I'm saying. I'm saying they issue shares in payment of "debt". We don't know what that "debt" is. If it costs $200,000 to build a restaurant, they could issue $500,000 worth of restricted stock to pay for it. Think of it as $200,000 debt, $300,000 interest. But we just see it as "extinguishment of $500,000 debt"



exactly. i bet they offered stock at 10:1, so this thing could go to 10 cents and vendors would still make their money and then some .

is solomon's salary published? if he is making good money, who cares what the stock does.

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