Indeed:this filing=HUGE,they wouldn't spend this money without big plans: also explains convertible debt, here's one that may have just dumped and bye-bye to them, hopefully movin'on-up:
On March 14, 2017 the Company issued a promissory note for services to Atlanta Capital Partners, an unaffiliated third party, in an amount of $50,000. The note has a maturity date of March 14, 2018 and bears interest at 10% per annum.
CFO Victoria Rudman stayed on without cash compensation for 1M preferred shares, so she's motivated; CEO and Ass't. VP who were NOT believers resigned, good riddance (VP didn't even vest shares);
Filing confirms shares Out/ O/S = pretty low still:
1,259,831,337
03/27/2018
Many more hints...
Also last PR included Rudman and Kaplan, a major LCLP investor...
even if this particular product is a different space.
They got rid of dead weight partners, kept the IP.
