Camelot Entertainment Group, Inc. (fka CMGR)

[asdgwest]

"The Company’s current plan is to retire a major portion of its debt, thereby eventually reducing the amount of shares that will need to be issued in connection with Company debt. As the Company continues to grow and revenues increase, the need to issue shares for services and other non-debt consideration should also decrease, thereby also reducing the numbers of shares to be issued for services and other consideration."

10-Q on 8/2010 shows 19.9B a/s.
10M liability
5M net loss alone last quarter.

I think this will hit 0.0001 and r/s. Too much liability and a/s, they specifically say they want to issue more common shares.