/biz/ - Business & Finance

Hey I was the AMRS faggot newbie here that dumped some $ into AMRS.

I want to continue the dilution talk...

i wrote this yesterday night time.

>Yo, I am that dumb shit dude from earlier.

>I looked through the annual 2016 and looked >at the major risk factors, and looked at the >convertible shares. Honestly, this is getting so >confusing, you need to spend an entire day to >really grasp WTF is going on with their debt >financing.

>Overall, I went back to their quarterly >reporting, and they reported on the debt >financing.

>Many of it is actually paid back in cash, or >PIK. Only one debt instrument is convertible >to common shares.

>I am a Cad CPA, and I forgot quite a bit of my >accounting stuff, as I mainly do regulation >work.

>But they provide a diluted EPS, and it isn't far >off from the non-diluted.

>Hence, might be some dilution, but we won't >know for sure until maturity. and it doesn't >seem to be very significant.

>I would definitely monitor the year over year >common shares outstanding to see how >much dilution occurred.

>All in all, I think the business strategy for this >company is quite good. and i kind of liking it. I >wish I had more time digging into the >financials and reading it all, it is such a >complex company.

>>4777825
>>4777465
>>4777605

Yo, I am that dumb shit dude from earlier.

I looked through the annual 2016 and looked at the major risk factors, and looked at the convertible shares. Honestly, this is getting so confusing, you need to spend an entire day to really grasp WTF is going on with their debt financing.

Overall, I went back to their quarterly reporting, and they reported on the debt financing.

Many of it is actually paid back in cash, or PIK. Only one debt instrument is convertible to common shares.

I am a Canadian CPA, and I forgot quite a bit of my accounting stuff, as I mainly do regulation work.

But they provide a diluted EPS, and it isn't far off from the non-diluted.

Hence, might be some dilution, but we won't know for sure until maturity. and it doesn't seem to be very significant.

I would definitely monitor the year over year common shares outstanding to see how much dilution occurred.

All in all, I think the business strategy for this company is quite good. and i kind of liking it. I wish I had more time digging into the financials and reading it all, it is such a complex company.