Wednesday, November 12, 2014 11:16:04 PM
The answer is obvious from the 10Q.
They are issuing shares right and left, whether it be convertible promissory notes, options for employees, settlement of old debts (and there are some very old debts), stock warrants, or any other reason they can come up with.
The share count a year ago was 391 million, now it is 456 million, plus another 22.9 in options and warrants to be exercised at some point. See page 16 of the 10Q is you doubt these numbers.
Dilution, dilution, dilution.
It never ends well.
Oh and how many ex-CEOs can you sue for fraud? What is the record for that? LOL
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM