Tuesday, September 16, 2014 3:23:59 PM
About $250,000 in "accrued compensation" was converted into about $1 million worth of shares.
Keep digging and you might start to realize the basis for the true business model here. Time has no relevance to these guys because they continue to accrue and convert. At some point, there will be a liquidity problem for them which will necessitate a fluff PR so they can cash in.
Don't for a second think it will result in a higher pps because any volume will get sold into heavily.
And oh, they just raised the AS by 450 million, so let the good times roll for months and years. Lather, rinse, repeat.
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