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Zorax

09/29/14 9:58 PM

#235314 RE: DrStockonomics #235283

It says increasing cash flow by 250k. Sounds like Bennie Blankenship paid NTEK for those shares.

In black and white the sentence says issued to bennie for a previous contract obligation.

d.f. owed bennie money for a yet totally paid contract.

No sane person buys what is owed them.

The 250K comment was thrown in there for confusion. All d.f.'s PR's are double talk and misrepresentation abounds.

integral

09/30/14 12:08 AM

#235338 RE: DrStockonomics #235283

Where on the cash flow statement did you find that entry for equity financing? I didn't see it, maybe Foley forgot to include it.

Also, I did not see the Statement of Shareholder Equity breaking down the $242,240 in additional paid in capital. Also the statement shows an increase of 48,053,226 shares, however, the issuance list is for 47,758,571.

There were a given amount of shares issued on April 10, 2014 with one issuance cited as a price of $0.033, which with all the issuances on the same date for the same price would have caused an additional paid in capital of $502,747.

Strange, strange indeed that the $250,000 never was included anywhere.

Nor was there any expenses for any discounted stock issuances, especially for the 22,500,000 shares issued to Foley at par. Where is the expense on the discount?

What is going on here?