InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,944.90
(
2.29%
)
Post# of 116863
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

bigdaddy21c

Send PM Follow Ignore
Followers 10
Posts 1411
Boards Moderated 0
Alias Born 05/03/2011

bigdaddy21c

Re: junkHustler post# 70383

Monday, 11/18/2013 6:20:14 PM

Monday, November 18, 2013 6:20:14 PM

Post# of 116863
Those numbers don't factor this:

“Generally Accepted Accounting Principals (GAAP) dictate that when we issue stock, we have to record that as a liability loss. This loss is recorded under General Administration Expenses."

True costs are no where near $4 million per quarter.
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up