Keep in mind that in the last quarter they filed (Q4 2015), they more than doubled the O/S, adding 1.6 BILLION shares.
I expect to see the next "news" to be a reverse split to try and revive their ability to get toxic funds. Of course first they'll have to start filing again and get current.
(All taken from the filings)
outstanding at September 30, 2015 ... 1,550,907,599
This percentage is calculated based on 1,756,962,507 shares of common stock outstanding as of October 8, 2015.
As of November 23, 2015, there is 2,374,005,195 shares of common stock, $0.00001 par value outstanding.
Common stock outstanding before the offering 2,547,767,645 shares of Common Stock as of December 15, 2015.
Common stock offered by selling stockholder 600,000,000 shares of Common Stock.
Common stock outstanding after the offering 3,147,767,645 shares of Common stock.
Use of proceeds We will not receive any proceeds from the sale of shares by the selling stockholder. However, we will receive proceeds from the sale of securities pursuant to the Equity Purchase Agreement. The proceeds received under the Equity Purchase Agreement will be used for general corporate and working capital purposes and acquisitions or assets, businesses or operations or for other purposes that the Board, in its good faith deem to be in the best interest of the Company.
TA - Over $500 million in toxic funded pump and dumps exposed and growing every day!
