#1- Why hasn't Dr. D received his 137,400,000 mill shares yet? Are we sure he is still behind this product? Why? Dilution Dilution More Dilution - #2During the fiscal year ended June 30, 2019, certain members of the board of directors and stockholders of the Company made $242,000 in interest free advances to the Company. The advances are convertible into shares of the Company’s common stock at rates ranging from $0.0024 to $0.0050 or 75,916,667 shares of common stock. During the quarter ended December 31, 2019, the Company received notice from the holders of $142,000 of these related parties of their intent to exercise their right to convert their advances into 55,916,667 shares of common stock. The conversion should be completed subsequent to the year ending June 30, 2020. Looks like another 20 mill share of dilution. Looks like the BOD has KILLED it with their interest free loans . Was the original dilution mentioned when these "interest free loans" were made. Back to this board soon as we find out. #3- Beginning in the quarter ended March 31, 2017, certain members of management agreed to forgo management fees in consideration of the operating cash flow needs of the Company. There is not a set timeline to reinstitute such management fees. As of March 31, 2020 and June 30, 2019, $50,000 in such fees remain unpaid and are recorded in accounts payable and accrued liabilities in the accompanying consolidated balance sheets. Let's see if the 50k will be exchanged for discounted stock. #4- DILUTION
