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OTC Whisperer

11/24/17 9:15 PM

#135418 RE: Jdkaps #135417

If u don’t mind my thoughts:

the share retirement was planned long before he was able to make the amazing deal for debt retirement. Keep in mind, he retired over 1B shares, dilution for the debt retirement only cost us about 80M shares (as insta calculated)
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pray

11/25/17 7:49 AM

#135440 RE: Jdkaps #135417

Better on the books to see less debt is his thinking IMO.
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TJG

11/25/17 9:40 AM

#135454 RE: Jdkaps #135417

The retirement was done by retiring 1.5 billion of preferred shares. Cleaning up this last little bit of debt will not add back what was retired. Once debt is clean I would not be surprised to seen another round of shares retired after the first of the year.