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Friday, November 04, 2011 8:55:11 AM
approximately 4.1 billion of the newly authorized common shares were reserved for issuance upon conversion of the 2015 convertible notes. More dilution coming
Total shareholders' deficit
(262,678) (190,017) went way up as well
This is not a good earnings report no matter how you look at it the company is losing millions of dollars there is no turn around here and the market cap looks very bloated here at .06 with negative earnings and a negative shareholders value Strong Sell here
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