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adammh

12/18/17 5:24 PM

#46943 RE: Jabez Advisory #46939

You are so right man. It’s time to make moves. It’s coming soon

deal guy

12/18/17 5:39 PM

#46952 RE: Jabez Advisory #46939

The derivative change is not impacting valuation and shouldn’t. It is voodoo accounting. The important item is the number of shares issuable to the convert holders not the derivative liability.

The derivative liability vaporizes under gaap when the shares are issued. It is one of the stupidest accounting pronouncements ever issued.