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Re: None

Monday, 06/29/2015 2:26:15 PM

Monday, June 29, 2015 2:26:15 PM

Post# of 28172
The current share price makes THIS debenture from 12/30/2014 essentially worthless:

http://www.sec.gov/Archives/edgar/data/1439813/000116552714000737/g7704.txt

First monthly payment is due this week. The debenture includes warrants to purchase 10,000,000 shares at $0.12. Looks like the "Purchaser" is gonna be long here as well.

Could explain why management has held off on tangible updates until now -- they need to raise the share price and make good on this offering if they want to continue raising money in the future.