from K...so there are 94,394 pfd c issued and 1 share is valued at $100 ( see in finacials the value per share...this is where conman hides things) ...so he has issued $9,439,400 worth of pfd c which convert at a 60% discount to lowest bid price....so I will let you do the math Chloe but you will see there isn't enough authorized to handle if all pfd c convert to common...
Common stock, $0.001 par value, 10,000,000,000 shares authorized,
3,203,510,143 and 499,221,857 shares issued and 3,174,849,208 and
445,323,020 outstanding at June 30, 2014 and June 30, 2013 respectivley
Preferred Stock, Series C, $0.001 par value, 120,000 shares authorized, 94,394 shares issued and outstanding at June 30, 2014