Not your typical otc ticker company is based in Israel many of these companies the real ones actually work on research and not just collect salaries for doing studies like most typical companies.
Ask you self how has this company operated all these year while only issuing a net of 56k in notes?
All the answers are in the 10Q and can be found on their website.
The 8k was self explanatory and 10Q is a very easy read.
A company achieving results on a minimal budget will get my money every day.