Monday, August 18, 2014 10:43:14 AM
https://www.sec.gov/Archives/edgar/data/1301075/000107878213002291/pre14c111813_pre14c.htm
"We note that in August 2013 you increased your authorized common stock from 250 million to 950 million. Please provide additional disclosure explaining why you need to increase your authorized common stock again so soon. We note your disclosure that the additional shares are necessary to satisfy your obligations under certain financing arrangements. Please provide additional detail regarding these financing arrangements including the names of your lenders, the dates you entered into the financing arrangements and the material terms (e.g., duration, interest rates and conversation ratio). Moreover, please provide tabular disclosure of the number of shares of common stock issuable upon conversion of the debt underlying these financing arrangements on a note- by-note basis."
https://www.sec.gov/Archives/edgar/data/1301075/000000000013061692/filename1.pdf
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