Replies to post #122565 on TPT Global Tech Inc (TPTW)

[peafunke]

You simply are not reading it correctly.

These ads preferred class D offered at $5 a share

“
(7,600,000 shares of Series D Preferred 6% Cumulative Dividend Convertible Stock @ $5.00 per share)”


“
A Maximum of 7,600,000 shares of Series D Preferred 6% Cumulative Dividend Convertible Stock @ $5.00 per share ($38,000,000). Dividends may be paid in cash or in registered common stock at the market price on the date of the dividend accrual.

The subscribed shares will be “restricted securities” as defined in Rule 144 of the Securities and Exchange Commission.

“


You didn’t read my last link. They are not ‘common’ shares.

[JOHNNY-VEGAS]

Seriously?.copy Pasting is not extensive DD LMAO.....

Elaborate please to see to what extent the Material events or information are any events or facts that would affect the judgment of an informed investor!!!

[SKIPPERANDGILLIGAN]

Negative Stock holder equity is minus $32 million . Lmao.

Shareholder equity (SE) is the owner's claim after subtracting total liabilities from total assets.
If shareholder equity is positive that means the company has enough assets to cover its liabilities, but if it is negative, then the company's liabilities exceed its assets.
Retained earnings is part of shareholder equity and is the percentage of net earnings that were not paid to shareholders as dividends and should not be confused with cash or other liquid assets.