This is a buy IMO.
Unless I'm reading this wrong, the R/S of 400/1 is completed, making the existing share structure quite modest.
The company acquired Chabond LLC for 5 million, which isn't due until 2020.
These guys are pretty much fund raising. With the small share structure, they can't dilute their way to 5 million, especially at a no-bid .0001 PPS.
I'm betting a new CFO is on the horizon. The filings stated that their funding initiative will be based on earned revenue....which I believe because unlike most pennystocks...these guys have a product that's in use and requires maintenance.
Not too many outstanding debts.
I've seen some bloated pennys.
This stock can recover and trade above a penny.
Just MHO.
