Wouldn't they have to sell shares to actually 'get' this money out of the company? I mean there is no cash, there is no financing, so I guess the question is, how long will it be before they sell shares? To get $3M...they will have to sell 300M shares to get $3M cash. Not possible I don't think...there is 59M shares still available to issue...but that will only get you $590,000 at $.01 share price.
Thoughts? Do you think these boneheads will sell shares this year? Anyone ever asked the Grand High Poobah about that?
Have an inspiring year! The new Roaring 20s! Enjoy the ride...