The toxics that Berman went out of his way to hide
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Posted On: 05/10/2019 4:10:37 PM
The toxics that Berman went out of his way to hide?
The toxics taken out during a time when the company was doing super duper awesome profits?
With the T/A gagged, and until the next report (if Berman actually includes any newly taken toxic loans rather than retroactively adding them when it becomes relevant), there is NO way to know if dilution is finished.
It can continue indefinitely, or until the A/S must be raised and things really start to fall apart. Berman could have taken out a large toxic loan yesterday and shareholders would be none the wiser.
It's the fact that the loans needed to exist in the first place, and the fact that Berman can't pay them off, that points to any of the "revenue" or "profit" claims being made as totally bogus.
The toxics taken out during a time when the company was doing super duper awesome profits?
With the T/A gagged, and until the next report (if Berman actually includes any newly taken toxic loans rather than retroactively adding them when it becomes relevant), there is NO way to know if dilution is finished.
It can continue indefinitely, or until the A/S must be raised and things really start to fall apart. Berman could have taken out a large toxic loan yesterday and shareholders would be none the wiser.
It's the fact that the loans needed to exist in the first place, and the fact that Berman can't pay them off, that points to any of the "revenue" or "profit" claims being made as totally bogus.
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