****EVENT DRIVEN TRADERS' BOARD****

[DaReal]

It was already visible in May in the last 10Q, but nobody wanted to see it, nor to listen.
People banked big that's what count, but some have to pay the Bill as usual.

NOTE 11 – SUBSEQUENT EVENTS
Subsequent to March 31, 2017, the Company issued a total of 124,438,109 shares of common stock in the conversion of convertible notes payable principal totaling $4,855 and accrued interest payable totaling $1,367.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12070616

Actually it's not criminal, the Company signed those toxic debt contracts incl the 10-28 Day look-back, 50-75% discount of the lowest price at look-back date etc. They know all the toxic Terms upfront.
As long as people buy this crap it won't end, way too much $ to be made.

jmho