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236T568

02/14/13 8:54 PM

#1985 RE: D-Fense #1983

Wow, just Wow!

you are completely and totally wrong

purely by definition, if preferred stock is issued by a corporation, any corporation, the transaction has to be shown on the company's Balance Sheet in the Stockholders' Equity section.


"Preferred Shares issued by a company that are outstanding are always and always on the Balance Sheet in the Shareholders Equity section."

Our CPA, Auditor, and 2 SEC attorneys feel otherwise. Preferred shares that are not converted are not shown on balance sheets. If you are a CPA, go brush up on your continued education requirements... you are rusty.

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236T568

07/19/13 12:41 PM

#7377 RE: D-Fense #1983

So. P. Vincent Medizadeh, tell us more as to how you, your CPA and your attorneys fraudulently insisted that the MDBX convertible preferred stock that is issued and outstanding should not be accounted for the MDBX balance sheet



"Preferred Shares issued by a company that are outstanding are always and always on the Balance Sheet in the Shareholders Equity section."

Our CPA, Auditor, and 2 SEC attorneys feel otherwise. Preferred shares that are not converted are not shown on balance sheets. If you are a CPA, go brush up on your continued education requirements... you are rusty.