The Dilution Continues
Recently, in addition to a whole bunch more . . .
Nov 4 Form-D
Issue size = Declined to disclose
The type of securities offered = Debt
Offering and Sales Amount = $6,000,000
( that's probably around an additional 6,000,000 shares
of additional dilution... and it keeps piling up over time )
And They're Not Buying - They Are Selling
Nov 1, 2016 - John Melo, CEO - Sells = 37,580 shares
Nov 1, 2016 --- Joel Cherry, Pes R&D - Sells = 9,301 shares
Oct 18, 2016 --- Maxwell Pte Ltd - Sells = 2,300,000 shares
What Is Real
People do need to step back and look at the big picture. Like the continuing dilution, bad debt, give-away deals, convertible notes, warrants, etc... Because it's much bigger than huge, it's waaay more huge than gigantic, and it's definitely unprecedented is scope...
And That Is Real... just like the word "collusion" .
And Watch Out
Because I really don't think this Company
will be - Saving The World - anytime soon.