One thing I noticed in the last filing with the SEC...
Percent of Class Represented by Amount in Row (9) 5.37%
Aggregate Amount Beneficially Owned by Each Reporting Person 1,562,500
If you do the math on the number of outstanding shares you get a total that is just shy of 30,000,000.
So let's for sake of argument round it up to 30 million.
30 million X .006 (per share) = $180,000
This starts to look like a very safe play...
If they make money the value of the company goes up.
If they go out of business they become an excellent vehicle to take another company public via reverse merger. Either way it seems to be a win win.
