Replies to post #10465 on Praxsyn Corp (PXYN)

[Danik0226]

If you look at the chart today the volume has been extremely high on the sell side and very light on the buys. The combination of the squeeze on reimbursement rates and the dependence on factoring is risky.

[OhManIDied]

The thing is that the liabilities on the balance sheet are due to either a paper loss from billing revs being intentionally higher than realized revs, the conversion of PDC warrants and options into PART OF the known 500K Series D, the payment of TPS for their sales (by which TPS is gradually earning its prescribed 1/3rd (PART OF) the 500K Series D shares.

The above events are standard practice, a pleasant surprise about the qarrants beong part of the Ds, and a pleasant surprise that TPS wasn't simply given 166K Ds, but it is earning them - all of these things were previously known but the extra details are like a bonus - making everythimg that is known more appeailing and not piling on anything bad we didn't know.

The only caveat is that these three things - and there are certainly more - are listed as liabilities in this filing, finally.

PAWS