I really wish MMEX advocates could carry on a disc
Post# of 4466
(Total Views: 645)
Posted On: 01/29/2019 9:59:19 AM
Re: DieselBuzz #4373
I really wish MMEX advocates could carry on a discussion, or defend their statements with facts.
The math is pretty simple. The mechanism for floor-less, convertible debt is straight forward. Computing the dilutive effect of Mad J.'s latest (or any) debt deal is all fact-based, and simple to do even if one does not know how a spread-sheet works.
Understanding dilution, and the more nuanced things like anti-dilution warrant coverage is a little tougher.
The effects of floor-less, convertible toxic debt on companies is also well understood, and fact based. MMEX-scam is a demonstration of this.
As for a "dangerous business," and "Illegal in many aspects," unless one happens to be an experienced attorney, spouting off B.S. of this nature is a comedic joke. "Real investors" wouldn't touch MMEX-scam with a 13-billion foot pole (Mad J.'s stash of pre-printed shares).
The math is pretty simple. The mechanism for floor-less, convertible debt is straight forward. Computing the dilutive effect of Mad J.'s latest (or any) debt deal is all fact-based, and simple to do even if one does not know how a spread-sheet works.
Understanding dilution, and the more nuanced things like anti-dilution warrant coverage is a little tougher.
The effects of floor-less, convertible toxic debt on companies is also well understood, and fact based. MMEX-scam is a demonstration of this.
As for a "dangerous business," and "Illegal in many aspects," unless one happens to be an experienced attorney, spouting off B.S. of this nature is a comedic joke. "Real investors" wouldn't touch MMEX-scam with a 13-billion foot pole (Mad J.'s stash of pre-printed shares).
Quote:
I really wish bashers knew what they were talking about. It's a dangerous business they are in. Illegal in many aspects. sad. Go MMEX! The real investors believe in you!
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