In his tweets he said he found out today, which wo
Post# of 22940
The number Bill was given on Dec 27 by TA was incorrect. Bill did not double check this number, nor did he ask TA for update after retirement of shares. Bill retired 700mil and just subtracted 700mil from the incorrect number he was given.
If you take Bill at his word, in that he found out today of this mistake, then shareholders need be upset at his carelessness in not religiously checking these numbers, ESPECIALLY if the TA is gagged.
Again, if u take him at his word, all that changed from the filing is a correction to a wrongly quoted number. No dilution. Zero. Nada. The TRUE count of the float is now 25-35% higher than we thought.
Heres good news though that im starting to realize...
Bashers cannot and will no longer say hes converting shares to preferred, and 100% confirms he bought shares back from float and retired them. OS After dilution was what 3.9 billion and Bill was reporting a current OS on twitter of 2.2billion? Of course it didnt add up factoring retired shares. This is why mr dirty potato head clung to the argument hes converting common to preferred, and that the buy back never happened. By recognizing updated share structure as being true, which it is beyond a shadow of a doubt, they also cannot say there was dilution and cannot say the buyback never happened. It was simply a gross mistake.
Nothing more, nothing less.