Neutra Corporation (NTRR)

[Voices of Reason]

The company has no revenues and has incurred about $1.3 million in losses since inception: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9673818

This company is currently incurring about $1/4 million per quarter in G&A expenses, which includes the salary for Sydney Jim, a former tennis star and arcade/go-cart operations employee before landing this gig as CEO.

The only "sales" the company has managed to execute are a number of toxic convertible notes, convertible at $0.01 and $0.05.

The company states in the financials that they need to raise an additional $400,000 over the next 12 months to stay in business, presumably through additional convertible notes. If executed on the same favorable terms ($0.05/share), we are looking at another dilution of about 8 million shares (current outstanding is only 12 million), in addition to the remaining convertible notes that have already been issued.