To me the writing is on the wall, convertible notes all over the place. this is just 2 years of history.. They have been doing this since 2010..
I'm waiting for the inevitable RS and then I'll look at this again.
Convertible promissory notes, due December 31, 2015 $ 209,000 $ 239,000
Convertible promissory note, due October 14, 2015, net of unamortized debt discount of $-0- – 27,164
Convertible promissory note, due January 5, 2016, net of unamortized debt discount of $323 – 23,177
Convertible promissory note, due March 16, 2016, net of unamortized debt discount of $-0- and $12,066, respectively, in default 75,335 63,269
Convertible promissory note, due December 27, 2015, net of unamortized debt discount of $-0-, in default 41,010 78,210
Convertible promissory note, due May 15, 2016, net of unamortized debt discount of $-0- and $21,267, respectively, in default 57,500 36,233
Convertible promissory note, due May 30, 2016, net of unamortized debt discount of $-0- and $23,630, respectively, in default 57,500 33,870
Convertible promissory note, due March 1, 2016, net of unamortized debt discount of $-0- and $9,401, respectively, in default 43,000 33,599
Convertible promissory note, due July 1, 2016, net of unamortized debt discount of $-0- and $28,750, respectively, in default 57,500 28,750
Convertible promissory note, due July 14, 2016, net of unamortized debt discount of $-0- and $22,438, respectively, in default 42,000 19,562
Convertible promissory note, due July 17, 2016, net of unamortized debt discount of $-0- and $15,768, respectively, in default 29,000 13,232
Convertible promissory note, due July 30, 2016, net of unamortized debt discount of $-0- and $16,508, respectively, in default 28,500 11,992
Convertible promissory note, due February 4, 2016, net of unamortized debt discount of $-0- and $4,562, respectively, in default 29,000 24,438
Convertible promissory note, due May 6, 2016, net of unamortized debt discount of $-0- and $13,406, respectively, in default 13,370 15,094
Convertible promissory note, due March 4, 2016, net of unamortized debt discount of $-0- and $10,198, respectively, in default 29,000 18,802
Convertible promissory note, due June 9, 2016, net of unamortized debt discount of $-0- and $16,703, respectively, in default 28,500 11,797
Convertible promissory note, due March 1, 2016, net of unamortized debt discount of $-0- and $9,148, respectively, in default 20,696 11,548
Convertible promissory note, due October 7, 2016, net of unamortized debt discount of $2,169 and $76,186 97,062 23,045
Convertible promissory note, due May 6, 2016, net of unamortized debt discount of $20,236 – 8,764
Convertible promissory note, due November 9, 2016, net of unamortized debt discount of $3,025 and $23,164, respectively 23,975 3,836
Convertible promissory note, due December 3, 2016, net of unamortized debt discount of $5,372 and $27,936, respectively 24,878 2,314
Convertible promissory note, due January 7, 2017, net of unamortized debt discount of $20,197 53,723 –
Convertible promissory note, due January 11, 2017, net of unamortized debt discount of $21,206
