What's worse is that they just told you they will need an additional $1 million. Imagine the share count when this $500k is converted at these prices and then they do an additional $1 million.... I predict over 2 billion shares by year end.... Then quite possibly a massive reverse in order to do the whole thing again. They had around $130k at the end of March so figure at the end of May they get the next $500k. They will be basically broke by then so all they have will be the $500k. Less current liabilities.