LTNC - In the last 10 days O/S increased over 60% via debt conversions at 1/2 price (about .0006), from 190,993,565 12/30/14 to 312,254,919 now
From today's 8k
"Unregistered Sales of Equity Securities
During the period commencing December 31, 2014 through January 8, 2015, the Company issued an aggregate of 121,261,354 shares of its common stock as follows: on December 31, 2014, the Company issued 3,537,975 shares of its common stock to reduce an outstanding convertible note payable by $2,795. On December 31, 2014, the Company issued 8,015,809 shares of its common stock to reduce an outstanding convertible note payable by $5,049.96. On January 2, 2015, the Company issued 7,000,000 shares of its common stock to reduce an outstanding convertible note payable by $5,390. On January 2, 2015, the Company issued 9,526,667 shares of its common stock to reduce an outstanding convertible note payable by $7,145. On January 5, 2015, the Company issued 10,100,000 shares of its common stock to reduce an outstanding convertible note payable by $6,060. On January 5, 2015, the Company issued 9,500,000 shares of its common stock to reduce an outstanding convertible note payable by $5,747. On January 5, 2015, the Company issued 9,528,571 shares of its common stock to reduce an outstanding convertible note payable by $6,670. On January 6, 2015, the Company issued 9,482,759 shares of its common stock to reduce an outstanding convertible note payable by $5,500. On January 6, 2015, the Company issued 9,523,438 shares of its common stock to reduce an outstanding convertible note payable by $6,095. On January 7, 2015, the Company issued 7,200,000 shares of its common stock to reduce an outstanding convertible note payable by $4,176. On January 7, 2015, the Company issued 9,523,438 shares of its common stock to reduce an outstanding convertible note payable by $6,095. On January 8, the Company issued 9,540,000 shares of its common stock to reduce an outstanding convertible note payable by $5,247. On January 8, 2015, the Company issued 9,259,259 shares of its common stock to reduce a convertible note payable note by $5,000. On January 8, 2015, the Company issued 9,523,438 shares of its common stock to reduce a convertible note payable by $6,095. These shares were issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended pursuant to Section 4(2) of the Act and/or Rule 506 of Regulation D promulgated thereunder since, among other things, the transactions does not involve a public offering.
The number of shares of issuer’s common stock outstanding as of January 8, 2015 was 312,254,919."
