SFNN math.........
If 905,000,000 shares are outstanding of the 1,000,000,000 shares that are authorized and SFNN dilutes nearly 10% of shareholder equity (on average) each and every month to pay AJW, La Jolla, and the rest, the remaining 95,000,000 shares will barely pay the coming convertible debt expenses, and will test the authorized share count threshold. app.quotemedia.com
A 1 for 200 reverse split allows for some interesting shareholder equity destruction:
Immediately, such a split, without reducing authorized share count, will reduce share holder equity a potential 99% from an already reduced stake in such equity. Is that a slap in the face or what? Not only will they agree to potentially lose what has been lost already, but give away whatever is left. Someone should have told them they were getting screwed long ago!!!! (LOLOLOLOLOLOL)
Now..... Let's amotorize the money shareholders will be giving away to SFNN on a monthly basis:
1 month 9%
3 months 27%
8 months 72%
12 months....... oops!!!!! Gotta do another reverse split before now to pay the loan sharks. That Barron fella is a genuis, huh? Why would anyone trust anything with a record like his? Someone should have told shareholders about it long ago!!!! (LOLOLOLOLOLOL)
Just think....... A current shareholder is giving SFNN his equity stake for nothing but a Barron smile and the humiliation to live with the rest of their life. Someone should have told shareholders about it long ago!!!! (LOLOLOLOLOLOLOL)
Good ol' cottonmather!!!!!! What would people have done without him? |
