All that I can find is the fact that they have been taking advantage of and living off of the investors. The company has been in business for 10 years and has a history of reverse splits. If an investor had 1,000,000,000 (one billion) shares on 12-19-00 today he/she would have 20 shares. Please set me straight because this is horrendous.
The company has had continual losses for 10 years, losing $350,326 last quarter. Total assets are $530,702 with total liabilities of $2,077,191. This means that the company owes 3.9 times what the entire company is worth and must continue to issue shares to survive. Ten years of flowery PR's have kept the interest up in this company but nothing has materialized. Peter Chin is living high off of investors donations. There are also several preferred share issues that are controlled by management.
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