Oh my goodness, if the financiers convert their shares at $.0004 they will get 1 1/2 times more than what was stated in the proxy.
Um that would be like over 30,000,000,000 shares for financing back in 2008. Gee, will there be enough shares left over for 2009 financing also? What about 2010, oh and we might need some money for 2011 to bring this metal detector we call MagShoe to rescue the world from evil people with bombs in their shoe!
Golly gee whiz what if the financiers sell some more shares to move the price even lower, at $.0003 they could get twice what the proxy stated, $.0002 would be three times more, and $.0001 heck we might have to "vote" more shares in...