Wednesday, January 25, 2017 11:05:59 AM
So many negatives, and losing money hand over fist.
CEO - issues himself 10M shares at 1 penny...lol, two weeks ago or was it 6 weeks ago or was it a total scam to dump shares on investors.
S-1 says they will dilute until the cows come home, but the cows ran away...lol
Here it is in black and white from filing...
"Conversion of our outstanding preferred stock may dilute the ownership interest of existing stockholders or may otherwise depress the price of our common stock."
"You will experience immediate and substantial dilution."
"You will experience future dilution as a result of future equity offerings"
Equity it says.... WHAT EQUITY? 1.2M market cap...
More pumping to sell worthless paper to pay officers who suck?
Float is up to nearly 40M from 25M two weeks ago...
DOG POOP !
Run away !
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