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Bionic Man

07/22/17 11:52 AM

#83796 RE: Homebrew #83791

Let's see what they did with the debt. I'm saying that debt is part of the 55% they negotiated down and paid it off. Nobody know yet, but what we do know is... Tom is a man of his word and the fins are starting to roll out now.... that's what this was all about. Not debt or past numbers, but Tom showing some that he is trustworthy.
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jrf30

07/22/17 11:58 AM

#83804 RE: Homebrew #83791

to those undecided on what to do:

As stated by bears, "Jan-June 2017 toxic debt's current, "

Yes, the toxic debt is 2017 debt added on. That is true. Because it's crazy what the regs say. All the deals of new debts have to be disclosed, because they are "subsequent events". However, all the revenue booked by spending that money to get CONTRACTS can NOT be disclosed, because you can only put revenue for the specific period in the report.

So the new debt must be shown, and the revenue is not allowed to be shown. See my point?

Gives a skewed picture of reality as to what is happening in 2017. Only revenue from Mostly 2015 is shown on this March 2016 annual report. Most deals, AND most of the debt, was subsequent to that. So the debt was disclosed that it took to raise the money to get the 2017 revenues, but the revenues were not.

Sucks, but that is reality of reporting in today's world.

Bottom line - it LOOKS worse than it is. Literally only half the picture is being shown, and the worse half at that.

I'm betting on the revenues and FUTURE of this company, and shall not be selling on Monday. Might even add more if the dip comes about. Bought 8 million more shares on friday on the first dip.
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ZJ Pick

07/22/17 12:09 PM

#83818 RE: Homebrew #83791

Read. States that the notes have been FUNDED meaning that it's DONE WITH. Hence why the OS grew so much in May and June. It's been PAID