Replies to post #80438 on Viva Entertainment Group Inc (OTTV)

[Kvr10]

I will gladly buy all your shares so you can move on to your next stock

[ChampionOfTheSun]

Absolutely no concern with that.

To clarify accounting treatment. These "wages" we're 98m shares issued to the employees.

We already know there are billions of shares, whether owned by employees or others makes no difference to the rest of us. We've already baked in the total no matter how they got there. (Actually - other than it being slightly better for the rest of us to know employees have these because then we know their interest align with ours)

However when shares are issued for debt conversions there is no expense incurred, but when issued to employees accounting dictates you take this large expense.

Short answer - the least offensive, pretty small, subset of our outstanding shares led to this apparent expense.

I provided this answer earlier today to someone else in post 80325