AUG 1st---The Board of Directors has approved the issuance of shares to certain of its officers in consideration for services rendered in lieu of monetary compensation. The Company issued 31,818,181 shares to Robert Leyne Lee and 136, 818,181 to John Robert Hope. The shares have not been registered under the Securities Act of 1933, and are restricted accordingly.
LOL, that's a lot of shares for doing nothing. Looks like a penny ATM for management forming here soon with that kind of lunacy and convertibles waiting in the wings. Only down 66% YTD.
Penny scam? Don't know but sure has the looks of it!
Tread lightly unless management can be contacted for verification of problem solving strategies...