If you have been following the stock, the increase in available shares was necessary to ensure they had the available shares for the debt conversion. Granted if this happens, it isn't the most desirable for the longs, but I still raise the question...if the company achieves what they have stated as their plan. And all 10 billion shares are issued. Is this company worth $100 million? If the answer is yes, then it's still a penny a share. If it's worth 50 million, then it's still a half of a penny a share. I for one believe it will be worth that and then some, so I'm holding my shares for a brighter future.
Again, just my opinion.