There's also 25 mil preferred shares outstanding which is high and 3 notes due Aug 31 2015. Look at this:
For the fiscal year ended March 31, 2015, we had a net loss of $2,716,477 and an accumulated deficit of $33,413,345. The loss for fiscal year ended March 31, 2015 was largely attributable to our inability to generate revenues sufficient to sustain operations and having to rely on relatively expensive financing to fund on-going operations. We have had and we expect to continue to have losses in the near term and have relied and will rely on capital funding to support our operations in the future. To date, such capital funding has been limited in amount. Because we are at the earliest stages of market acceptance of our products, we do not expect that they will generate revenues sufficient to cover the costs of our operations in the nearer and medium term. We cannot predict whether or not we will ever become profitable or be able to continue to find capital to support our development and business plan.
