Following your past post, I am simply referencing the exact language by the company in the last filing. Loose affiliation does not seem a proper characterization because if those companies were not part of Platinum what grounds would DECN have to not issue shares?
My questions are simple
How many shares can be converted?
Are these shares (40 million common) figured into your .18 to .25 buyout?
When will the Company announce whether or not those shares have been retired?
What possible grounds does DECN have to not issue shares to entities if they were Not affiliated with Platinum Partners?
Past statement and answer
They provided DECN with cash in return for waiting 3 years and converting to common. The liquidator has a responsibility to get as much money for the Platinum shareholders as possible.
Actually TAUG thug, it does matter that you are a TAUG thug. You are part of the April 2016 Johnnys. bad bad bad
Fact is though, since you didn't ask, you just lied, Platinum has never done any business with DECN. KB didn't like or trust them. Other funds with a loose association to Platinum, which is why these funds are not a part of the Platinum troubles, lent money to DECN. But the lending was a commercial credit line, not a TAUG-like death spiral. And the money, although expensive, was paid back in full. All $96 million of it, if my addition is correct. And, all of this was audited. And any attempt to portray it otherwise is disingenuous of you --- something you are one of the best of all time at.
Oh and by the way, Platinum has no outside shareholders, they have limited partners who were defrauded, not unlike TAUG shareholders have been.
My questions are simple
How many shares can be converted?
Are these shares (40 million common) figured into your .18 to .25 buyout?
When will the Company announce whether or not those shares have been retired?
What possible grounds does DECN have to not issue shares to entities if they were Not affiliated with Platinum Partners?
Past statement and answer
They provided DECN with cash in return for waiting 3 years and converting to common. The liquidator has a responsibility to get as much money for the Platinum shareholders as possible.
Actually TAUG thug, it does matter that you are a TAUG thug. You are part of the April 2016 Johnnys. bad bad bad
Fact is though, since you didn't ask, you just lied, Platinum has never done any business with DECN. KB didn't like or trust them. Other funds with a loose association to Platinum, which is why these funds are not a part of the Platinum troubles, lent money to DECN. But the lending was a commercial credit line, not a TAUG-like death spiral. And the money, although expensive, was paid back in full. All $96 million of it, if my addition is correct. And, all of this was audited. And any attempt to portray it otherwise is disingenuous of you --- something you are one of the best of all time at.
Oh and by the way, Platinum has no outside shareholders, they have limited partners who were defrauded, not unlike TAUG shareholders have been.
