cash flow, page-21

This thread started with:

"All businesses are tied to economic principal.

Cash flow for businesses large and small is critical.

I am very happy to see in this mornings QAR announcement 3 things.

1) We have a positive cash balance.

2) We have access to already approved credit.

3) Net revenue to the company est. $225k per month.

These are the sorts of practical tools a company needs to move forward. "
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BUT IN THIS WORLD THINGS AREN'T ALWAYS WHAT THEY SEEM

So let's have a closer look at these figures
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The following is my understanding on the points put forward at the start of this thread, If anyone can show me I am incorrect on any of these points I'M more than happy to be corrected:

1)
25% of the income goes to Scottish rite hospital
Another 3% of Gross total revenue is subject to a legal claim by Chalk Sea.
Salaries $500K+PA
5% net revenue to the convertible note holders plus 10% interest.
Legal claim by Paul Page, Petro raider for 25%

2)
Monthly drawdown is issued in shares to Lind in $100k to $300k tranches at a discount to the prior 3 day VWAP....
downside to to this ready access to approved credit is it can be very dilutionary, (the more they draw down generally means the more the average shareholders holdings are further diluted)

3)
This quarterly increase in revenue is being outdone by a much larger increase in the no of shares from one quarter to the next

31 Mar'13 qtr net revenue US$225,000/mth- Shares totaled 3,751,449,801

From previous qtr to this last one increase in net revenue attributed to shareholders is only US$90,000/qtr ,

but in the same quarter the total shares increased by nearly one billion (909,518,986 to be exact)

So on closer inspection I see shareholders actually lost revenue they didn't gain