Might want to read the related party transactions and the investment valuation method they applied, including an unrealized gain. Also note, who paid for the transaction on behalf of the issuer, and the transfer of covertible notes from another related party issuer. Then read the conversions on the convertibles all done at $0.035 on a $.50 stock.
there are more problems tha form 4s.
that 10K was filed omly 10 days ago. My guess is the sec said "to hell with more comment letters, shut them the hell down NOW!"
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