They had the loophole to convert past debt and sold countless shares. What is wild is that it was in the filings from the beginning. Not sure how PWC signed off on it but it was a loophole for Hayes to sell shares all those years into the hype. The con artist even planted traitors in the long shareholders camp to promote it. Sick junk. I was a shareholder and a believer for a short time. I just started asking questions in regards to the company pumping so much. They went private to avoid disclosing how many shares were sold on debt conversion and make it all go away. And really for all practical matters - They got away with it.