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Re: sweet crude post# 1633

Thursday, 10/31/2013 3:19:13 PM

Thursday, October 31, 2013 3:19:13 PM

Post# of 1934
Good catch. It's good to see this.

This particular 10Q and quarter was demanding in an accounting sense because of the SRG merger and shuffling of former HLBC/ICOR assets.

Several of the transactions revolving around the conversion of the Prefered As & Bs and divesting of previously held assets resulted in Additional Paid In Capital which means shares were traded for funding........the money stayed in the company..... or with certain shareholders and principals..........which is a good thing.

I believe a lot of the accounting "losses" will be used to protect future income ..........another good thing............

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