The numbers don't lie. He didn't raise the A/S to 15,000,000,000 because he wanted to. 5B isn't enough.
Note Payable: $320,550 = 6,411,000,000 Shares in the worst case scenario. Meaning 50% conversion discount and .0001 closing bid price.
Not only that, but they plan to add on MORE convertible debt, See Going Concern.
I'm not saying that this can not have a run. Right now the SS looks great, CHIT actually has some revenue coming in and a communicative CEO. That is a great combination. BUT. That pop, run, whatever, needs to happen BEFORE 6.4 Billion shares get issued and sold. That is the key in my mind.
Going Concern The company plans to secure additional capital by the use of Notes Payable, Convertible Notes Payable, Private Placements, and partnerships and revenue sharing in future opportunities. This financing activity may lead to stock dilution and changes in control
475.3 Million shares issued for convertible debt below
NOTE 6 - STOCKHOLDERS' EQUITY
On September 1, 2016 500,000 shares were issued for services.
On September 1, 2016 864,000 shares were issued on conversion of a convertible promissory note.
On September 2, 2016 931,704 shares were issued on conversion of a convertible promissory note. On September 13, 2016 2,000,000 shares were issued for services.
On September 14, 2016 7,334 shares were retired.
On September 21, 2016 1,174,307 shares were issued on conversion of a convertible promissory note.
On October 3, 2016 5,808,450 shares were issued on conversion of a convertible promissory note.
On October 17, 2016 6,999,100 shares were issued on conversion of a convertible promissory note.
On October 31, 2016 11,172,636 shares were issued on conversion of a convertible promissory note.
On November 15, 2016 18,111,304 shares were issued on conversion of a convertible promissory note.
On November 18, 2016 22,845,275 shares were issued on conversion of a convertible promissory note.
On November 28, 2016 28,687,179 shares were issued on conversion of a convertible promissory note.
On December 5, 2016 31,553,311 shares were issued on conversion of a convertible promissory note.
On December 12, 2016 29,542,088 shares were issued on conversion of a convertible promissory note.
On December 13, 2016 10,000,000 shares were issued for services.
On December 16, 2016 38,159,371 shares were issued on conversion of a convertible promissory note.
On December 22, 2016 116,791,552 shares were issued on conversion of a convertible promissory note.
On December 28, 2016 42,466,891 shares were issued on conversion of a convertible promissory note.
On January 17, 2017 38,547,475 shares were issued on conversion of a convertible promissory note.
On January 17, 2017 2,028,479 shares were retired.
On January 27, 2017 40,404,040 shares were issued on conversion of a convertible promissory note.
On February 15, 2017 31,571,944 shares were issued on conversion of a convertible promissory note.
