Artec Global Media Inc. (ACTL)

[robertking]

Liabilities increased by 400%, and 5 billion new shares will be added to the O/S due to toxic financing. The company has 2 customers with 17k in cash and 5 million in debt.

The toxic financing death spiral is now in full effect. This company is going to die now because the supply of shares will increase dramatically while the demand for shares is decreasing. No bid is a foregone conclusion.

The 10q doesn't lie. ACTL is in the business of selling shares, and the business has now failed.