You cannot operate a casino in Macau without money laundering.
Everyone knows that.
Wynn is just turning a blind eye to how junkets collect on gambling debts
in Mainland China when it's outright illegal by Chinese laws.
But not a single cent of net/GAAP earnings ever delivered by company.
Now that's bullish.
you cannot have a casino in Macau without money laundering. They go hand in hand and that applies to every single casino in Macau.
Remember ZZZZ best carpet cleaners ? leasing empty buildings to show growth ?
The SCAM that sent the CEO to jail.
Not a single penny in net/GAAP profit in LinkedIN 's history but
company, rank and file insiders and VCs have taken over $7 Billion in profit since IPO.
Is there a bigger ponzi scheme out there ?
The fired host from Wynn Macau is back with a vengeance.
Turning state evidence against Weinberg.
Okada san is cheering loudly .
Manipulation like wall st. propping up a 15 year old company that has Never earned a single penny in net/GAAP profit while rank and file insiders and company have taken $7 Billion in profit since IPO ?
FB is humongously profitable with real GAAP earnings, and Lnkd's reputed 300 Million members are mostly also
on FB already.
On November 12, 2014, LinkedIn Corporation (the "Company") entered into an Indenture (the "Indenture"), relating to the issuance of $1,322.5 million in aggregate principal amount of its 0.50% Convertible Senior Notes due 2019 (the "Notes"), by and between the Company and U.S. Bank National Association, as trustee (the "Trustee"). The Notes will bear interest at a rate of 0.50% per year, payable semi-annually on May 1 and November 1 of each year, beginning on May 1, 2015. The Notes will mature on November 1, 2019, unless earlier repurchased by the Company or converted pursuant to their terms.
The initial conversion rate of the Notes is 3.3951 shares of Class A common stock ("common stock") per $1,000 principal amount of Notes (which is equivalent to an initial conversion price of approximately $294.54 per share). The conversion rate will be subject to adjustment upon the occurrence of certain specified events but will not be adjusted for accrued and unpaid interest. In addition, upon the occurrence of a make-whole fundamental change (as defined in the Indenture), the Company will, in certain circumstances, increase the conversion rate by a number of additional shares for a holder that elects to convert its Notes in connection with such make-whole fundamental change.
Prior to the close of business on the business day immediately preceding May 1, 2019, the Notes will be convertible only under the following circumstances:
(1) during any calendar quarter commencing after March 31, 2015 (and only during such calendar quarter), if, for at least 20 trading days (whether or not consecutive) during the 30 consecutive trading day period ending on the last trading day of the immediately preceding calendar quarter, the last reported sale price of the Company's common stock on such trading day is greater than or equal to 130% of the conversion price on such trading day; (2) during the five business day period after any five consecutive trading day period in which, for each day
Rank and file insiders and company have taken over $7 Billion in profits for a company
yet to produce a cent in net/GAAP earnings in all her 15 years of existence.
Mr. Ponz is alive and well.
LinkedIN has NEVER made a single penny in GAAP profit ever,
but insiders and company have taken over $6 Billion in profit since IPO,
including the latest debt offering.
ENRON is alive and well.
How many times does LinkedIN need to rehash the "bring
your kids/parents" to work story ? Don't you think there's
something fundamentally wrong with a company that
Pumps the LinkedIN name nonstop with meaningless
Financial chicanery at its finest....
Remember the subprime mortgage SCAM ? Not too different.
SCAM companies use this move to lock in cheap money on their bubble stocks.
By the time this SCAM crashed , insiders would have sold out completely.
Since IPO, rank and file insiders and company have taken over $6 Billion in profit, including the
latest debt offering while the company lifetime has yet to book a penny in GAAP earnings.