Setting The Record Straight Unfortunately the head ring-leader keeps spouting off inaccuracies that need to be addressed.
I think he believes what he is saying because certain personality types demand extreme levels of BS be regurgitated even when they are wrong or blatantly misleading while trying to be coy hoping the newbies won't catch on to the game being played here by a few.
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The recent non-dilutional loan propaganda that continues being fed to the masses is simply propaganda or an out an out lie. Just like every other PP that EQT has participated in before there was massive dilution involving cheap shares/and warrant's issued to the usual parade of quick sale penny flippers that only hold for the four month requirement.
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The overall dilution or in other words “share counterfeiting” in an effective one year time-frame has been massive as EQT's O/S share count has ballooned from around +/- 70,000,000 million O/S back in the early Garland days to today's 240,000,000 million.
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The recent rolling Gold loan diluted EQT by an additional 30,000,000 million shares to go along with the expensive Mafia/Payday loan payback type percentages. Hundreds of percent in payback charges which in itself is dilutive to EQT because it goes right to EQT's bottom-line in funding operations and puts a ceiling on organic growth as funds are extracted at excessive prices for the loan payback.
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To get the Alta Floresta Gold Ltd. deal completed required a unbelievable and insanely massive 100,000,000 million shares in one full swoop to be given to the Brazilian parties in diluted shares to get that deal done.
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All the rest of the earlier share dilution involved the Zimtu crowd and all that comes with that group. Zimtu has been unloading shares for months just as you would expect from that type of an group.
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You see folks there has never been a PP or funding option that has not been dilutive to everyone involved in EQT as a public company. Sometimes thats the way it goes, but to blatantly lie about those facts are almost worse than the dilutive act itself.
You can now officially put the BS to rest and stop allowing yourself to be fed a bunch of half truths and fairy-tales.
Non-dilutional loans to EQT in any form are in-fact a complete lie and always have been. Now you know the truth. As a matter of fact this company has been built on massive, massive dilution, not the other way around.