"purchasing at around 0.04"? You think? Why purchase warrants at 0.04 when they can buy them on the open market for 3 cents? You don`t even need a warrant to do that.
Better look at the (2) 13G`s filed 2 weeks before that 8K. They grant voting power to 15,164,099 shares each to SBI Investments and L2 Capital....effective 5-23-2017.
How do you grant voting power to shares that (you seem to be claiming) haven`t even been purchased yet?
How do you report ownership percentages to the SEC for shares (you seem to be claiming)that haven`t even been purchased yet?
Toxic debt this company has agreed to....."the Company agreed to sell original issue discount convertible notes". Discounted convertible debt....defined by pages of legal mumbo jumbo.
Dilution, dilution, dilution.....these are acts of financial desperation. Followed by ambiguous press releases that contain no names, no numbers, and vague timelines. Can I pay my Visa with my Mastercard?
Thin