Mikey's point is that they sold shares and warrants in 2012. This is something I was hoping not to see as I was hoping they'd have revenue by now....
"During the first quarter of 2012 the Company sold 20,978,571 units of restricted company shares and warrants for $75,875. During this same quarter current shareholders exercised outstanding warrants paying $83,425 for 21,664,284 shares for a grand total of 42,642,855 restricted shares."