(Total Views: 358)
Posted On: 09/17/2019 8:47:30 PM
Post# of 40991
What I showed is not an assumption but information reported in the financials that some people claim it is fake.
AR is money uncollected and shown clearly for people to see
Toxic notes with due dates including past due are also listed. As I indicated several months ago, I expected 366 mil shares of dilution in Q3 to cover the 7/2 notes and the past due notes. To my surprise, company paid 209 mil for past due notes and left the 7/2 note unpaid.
Thus if dilution is something people care about, then it is not unreasonable to expect more. If company decides to issue shares against remaining past due notes, they have to pay them with 50% discount of current level or 0.00015.
I cannot predict what the CEO would do. I thought he would dilute more in Q3.
AR is money uncollected and shown clearly for people to see
Toxic notes with due dates including past due are also listed. As I indicated several months ago, I expected 366 mil shares of dilution in Q3 to cover the 7/2 notes and the past due notes. To my surprise, company paid 209 mil for past due notes and left the 7/2 note unpaid.
Thus if dilution is something people care about, then it is not unreasonable to expect more. If company decides to issue shares against remaining past due notes, they have to pay them with 50% discount of current level or 0.00015.
I cannot predict what the CEO would do. I thought he would dilute more in Q3.
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