Peeps said no dilution here.THEY WERE WRONG!
From todays 10K:
11. Subsequent events:
Between January 1, 2014 and March 31, 2014, the Company issued 2,468,821,039 shares of common stock upon the conversion of $340,597 debentures payable and $22,934 of accrued and unpaid interest. The shares were issued at approximately $0.00015 per share.
Between January 1, 2014 and April 4, 2014, the Company issued new convertible notes for in the aggregate $411,000 and has received proceeds of $390,000.
Don't get me wrong.Henry has a good business plan for the MJ thing and people can make money surfing the waves,but I sure wouldn't hold this long.
Henry has a way of disappointing investors and IMO,this one is no exception.
Trade em,DON'T marry em!
GLTE-3
