Look at it this way (from their 10Q):
As of October 8, 2007, the average of the three lowest intraday trading prices for our common stock during the preceding 20 trading days as reported on the Over the Counter Bulletin Board was $.0001 and, therefore, the conversion price for the secured convertible notes was $.000025 at 25% or $.00002 at 20%. Based on this conversion price, the $5,693,667 in secured convertible notes remaining, excluding interest, would convert into 227,746,680,000 shares of our common stock.