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Re: doebop post# 62562

Monday, 11/28/2016 2:15:58 PM

Monday, November 28, 2016 2:15:58 PM

Post# of 84886
They issued over 3.3 billion dilutive shares just last quarter alone. They might be at their 13 billion share limit right now.

4) Issuance History
Shares issued for the Period ended September 30, 2016 – 3,347,241,128


They also have around 6.7 billion more shares to be issued* as part of their toxic death spiral convertible notes, as well as tons more money owed in unsecured notes.
*Based on conversion at $0.0002. Since a steep discount is likely, that 6.7 billion shares needed to be issued could easily be more like 13.4 billion more shares needed at $0.0001 discount price.