ZA Group Inc (ZAAG)

[thatguy157]

The creation of all the Preferred Share Classes is actually pretty ingenious, IMO. It costs less money to create the Preferred Share Classes as a Pink company then it does as an OTCQB company. ARNH is cleaning up their balance sheet and getting everything in place for future growth.

Cleaning up the debt on a balance sheet with CREATION of a Preferred Shared class is laughable. You cannot CREATE paper to satisfy financial obligations. It is like writing a check with no money in the bank to be cashed in later and thinking the debt is satisfied. It is call false inflated equity. A company like ARNH cannot CREATE a way to remove there debts. That is not the way the real world works, but it is entertaining!! High Mr. bank I know your owed 100k dollars, but I am going to create these pieces of paper (with nothing for collateral or represent the actual equity) and give them to you to satisfy the debt. But you can ask me when you want to cash them in (at the expense of my shareholders of course). But it looks good on paper. But it does not make a company debt free.