Yes, I do own shares, unfortunately at a much higher price.
And thank you, I try to be objective, using only company provided information.
Regarding the R/O and Mr. Bendall -- it is a mystery. I must say, I do not understand why the details were not disclosed in the 10-Q. You would think the CEO personally taking on $5.8M of the company's debt (per the press release) would be viewed as a significant Subsequent Event, but the only subsequent event disclosed was the total $8.1M conversion of notes and trade payable.
We also have no idea about who took on the other $2.3M; per the announced rules of the R/O, has to be someone who fully subscribed in Round One. Maybe Mr. Bendall took it on initially, but convinced the lender/vendor to accept the shares themselves?
Hopefully this will all be cleared up in subsequent filings, or if someone is able to get the company to answer (Howard indicates they are willing to) and posts it.