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BettingAngles

10/11/16 8:51 AM

#7869 RE: John Kent #7868

OWCP-HUGE DILUTION here. Debts are being paid with shares!! It is in the filings. They have NO CASH..

When you see a post that says "CEO says no dilution" be very concerned. CEO's are NOT allowed to comment on such things.. It is just a lie to pump the stock..

Share-Based Payments:

In March 2016, amended guidance was issued for employee share-based payment awards. The amended guidance makes several modifications related to the accounting for forfeitures, employer tax withholding on share-based compensation and excess tax benefits or deficiencies. The amended guidance also clarifies the statement of cash flows presentation for share-based awards. The amended guidance is effective for us prospectively commencing in the first quarter of 2018. Early adoption is permitted.