Biz, you may not believe this, but I personally think they are reporting the revenue numbers accurately. The issue is, I also personally believe they fully intend to allow the entire debt to be fully converted into shares, rather than paying it down, keeping their net income in the company.
I do hope I am wrong, as I would love a huge run to get some money back on my old shares that went through the huge R/S, but this week's trading tells me the debt is being converted at an increasing pace.
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