Replies to post #21106 on Affluence Corporation (AFFU)

[BigBadWolf]

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176854777

Under GAAP guidelines Converting debt into preferred shares eliminates debt on the books because it transforms a legal liability into a form of equity ownership. Yet those same preferred’s converts back to commons.

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much like the so called lockout periods he negotiated for himself & referenced in his little 🦬Chat