Imperial Whazoo is talking to himself !!
posted on
Apr 27, 2012 07:43PM
(Edit this Message from the "Fast Facts" Section)
Hey folks, I'm sitting here having a stream of consciousness conversation with myself as I peruse the PR that came out today.
:o)
Lets see now.... Lets take a look at it....
http://ih.advfn.com/p.php?pid=nmona&article=52184907
How do the categories shown in the 4/12 PR compare to the one we got today?
Hmmmm...
Lets see.. 5 categories in both.....
Topmost is "Gold Land Holdings 7,480,000 RESTRICTED-RULE 144"
No change.... But MENTAL NOTE.... Not tradeable!!! RESTRICTED...
OK next....
"Vendor Payables 20,919,457" in today's vs 16,846,500 from 4/12
OK... thats a change....
Mental note: these are free trading....
So thats an increase of tradable realtime shares out there of.... 4,072,957 free trading.
Big whoopie, LOL
OK, then, Next.....
"Promissory Note Holders 60,461,757 RESTRICTED- RULE 144"
No change there either..... but again: MENTAL NOTE.... Not tradeable!!! RESTRICTED...
I think I'm sensing a pattern, LOL.... these guys sure are acting oddly for insiders setting themselves up to dump shares, LOL.
OK.... next is "Contractors 23,728,571 Free-trade S-8"
No change and another mental note: "Freetrading"
And then the last one.... Salaries 157,952,616 RESTRICTED- RULE 144/Section 16
No change there either. And same ole same ole..... MENTAL NOTE.... Not tradeable!!! RESTRICTED...
Kind of looks like they issue free tradingshares to outsiders, to pay bills to contractors and vendors.... Not to themselves, though.
Hmmmm..... Vely vely interesting, LOL
They have only one restated categary, and its free trading, but its only 4.07 million shares.
Big whup.... not concerned about dilution from that change, LOL
OK, Question to self:
Are these insiders issuing themselves shares they can trade?
Answer: Nope.
Not by a long shot.
Man, if this is all the damage to me by the alleged "fleecing" these guys are conducting, I think buying some more of these "diluted" (LOL) free trading shares is in order.
Now, Mental Note to self:
Had they been issuing themselves shares that they could actually TRADE.... then that would be a horse of a different color.... maybe even a unicorn, LOL.
Harde har har!
OK... what else jumps out atcha in today's PR?
Hmmm...
....the 4/12 PR had Certified shareholder count of 177,726,147 held in certificate form and today its at 46,235,626.
Whats that... 131 million less in certs?
Wow.
OK, then... so, the bulk of what gets restated is in the number of issued certificates they have out there.
They thought there were 131,490,521 certs that don't actually exist..... sounds like they need another firm handling their shares, LOL.
So... Question:
Did these 131 million shares show up as tradeable shares or were they just never actually issued....???
Hmmm... lets see now....
OK... here it is in today's PR:
Quote:
the street float went up approximately 40.5M to 298,731,191
Well then, looks like the firm they use had the wrong number of issued certs on their ledger.
These 131 million certs did not actually exist. The actual free trading share count only went up by 40.5 million, not 131 million in restated certs....
Thats good news, LOL
Soooooo.....that means the decrease in total shares reported today is real.
Shares thought to be out there that actually were never actually in existence.... down 28.2%
Shares that were thought to be certs that did not show up as free trading shares
Z E R O
:o)
Well, for heaven's sake, Whazoo.... how does a minor increase in actual tradeable shares like that dilute the value of the company?
Does not even come close, old buddy, old pal.
Dilution... yes.
Damaging in any measurable way.... hardly worth wasting time worrying about, bubba.
And anyway, the insiders are ACCUMULATING these shares.
They "Diluted" Ha Ha... using shares they voluntarily took on as Restricted and untradeable, so it sure looks to me like they are pre-arranging things so they are sitting pretty in anticipation of selling the company.
Sure looks that way.
Dilution my a$$. Big deal.
:o)
Imperial Whazoo