"While some on this board may be critical with Dr. Moro, I think he has kept share dilution to a minimum."
To actually pay the debt to Smithline of 2.3 million dollars, the dilution would be huge. 46,000,000 shares at 5 cents. The dilution doesn't look too bad to you right now because he is not paying the debt.
What will Smithline agree to this time? Another period with no payments or is he now going to want interest as well? He is not going to take stock so be warned that the future needs to have sales in China,which I don't think will occur, or Inverness proceeding, which I also think is doubtful.
