And you'll find out what the word DILUTION is when they do there next financing pal, to stay alive.
They've been diluting since .20, what make you think there 're going to stop here.
Boy, what a gem:
Liquidity and Capital Resources
Cash and cash equivalents at December 31, 2006 was $10,212 and $301,143 at December 31, 2005. The assets of the Company decreased from $1,038,495 at December 31, 2005 to $520,443 at December 31, 2006. As a result of our operating losses for the year ended December 31, 2006, we generated a cash flow deficit of $318,548 from operating activities. The Company has used its working capital to finance ongoing operations and the development and marketing of its products.
Total other assets
520,443
Total liabilities 5,274,784
