Form D filed on 11-16-2016. Looks like a HUGE dilution of the stock. Company is offering $20 million stock offering. At 2 cents a share that means increasing the float by 1 billion shares.
"Up to $500,000 may be paid toward outstanding salary and fees currently owed to the officers and directors named in Item 3, provided that over $5,000,000 is raised, all accounts payable and notes are current and there is sufficient working capital."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.