Not exactly sure what the multiplier for calculating the registration fee has to do with the future share price.
(2) Estimated in accordance with Rule 457(c) of the Securities Act of 1933 solely for the purpose of computing the amount of the registration fee based on the closing price of our common stock on December 5, 2014 (3) Calculated under Section 6(b) of the Securities Act of 1933 as $0.0001162 of the aggregate offering price.
or $0.0001162 X 1,521,500 = 176.80
(fee of 176.80)
Proposed maximum offering price per share (2) .0179
It appears that yes, this is the OTC and the only thing you can trust is your own DD.
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