"congrats to all those people who were around for the .0002 - .006 jump!"
LMAO! There was no .0002 too .006 jump. and it was .0001, not .0002, which reverse split into .01. So, yesterday's .0002, in now down 150%, .006 from .01 down 40%.
Which can also be realized in terms of the current outstanding and fully diluted share structure, some 1.4 trillion shares of the current and in default Toxic convertible debt is now 14 billion too. And that's only counting the $35 million debt, there's another $10 million debt in taxes and more toxic loans.
So, yeah congrads on that too, LOL!
Yet even further congrads is, this scams historical high of about $1.50 per share in 2010, after the three reverse splits in past 2 years is now worth .000,000,000,000,005 ( -005 quadrillion) [wink] Yet maybe it's only .000,000,000,005? (-005 trillion)? but who gives a F! LOL. -005, billion, trillion, quadrillion is more worthless than the data I've used to describe it! LOL.
Yeah 1.4 trillion, is only 14.8 billion now. LOL! "Has the RS been executed"
Long-vestor Tuesday, 12/27/16 11:43:35 AM Re: doogdilinger post# 17340 Post # of 17453 "With a paltry 50M O/S in play this is gonna be real easy to move SRV:)"
38 million bucks in Toxic, death spiral, convertible debt , ain't "Paltry" and the idea they can't dump the holey crap into this would be ignoring how in the F this has made 3 reverse splits from .0001 in the past few years..
Right now there's; 14,817,023,076 (14.8 BILLION) fully diluted outstanding.
Quote: For all convertible notes described in the following paragraphs and for the warrants, and convertible preferred Series C and Series D shares described in Note 7, the fair value of the resulting derivative liability was $38,524,260 and $37,376,605 at September 30, 2016 and June 30, 2016, respectively.
many, most or all of this 38 million is in default, adding interest and penalties at an astronomical rate.
some also have a 51% discount default clause from original 40%.
So, just being nice and calculating this 38 million dollars only using the 40% rate, your best case scenario. which is far from reality cause I don't feel like wasting my time digging out the real current which many are 51% with 25 day look back.. The established low now is somewhere about .0045.
Take 40% off that, Conversions are .0023 I.E. at only .0052, Redwood are doubled. aiming for 2 times the money 2 x 38 million, 76 million bucks is their Lowest goal target.
That's exactly why this scam has no intentions, other than dumping the Toxic death spiral notes, and the single reason, ONLY reason this is NOT in bankruptcy is because Redwood and their pals own this POS, gamming to flip at least a double, reverse split and reverse split over and over and over..
It's just an endless Spiral of doom and gloom pretending they have a viable product, while the whole industry: retail stores, contractors, builders, suckered architects and dope 'investors' too knows it. All the while; real testing facilities and institutions uncovered the snake oil scam.
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