Friday, May 25, 2012 4:55:39 PM
At May 1, 2012, the Company had 398,350,037 shares issued and outstanding and 552,600,000 shares reserved for possible future issuances to Asher Enterprises Inc. Moreover, at May 1, 2012, the Company has outstanding debt to seven Investors with conversion terms that (based upon May 1, 2012 closing price) might require the future issuance of 718,306,250 or more shares of common stock.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8632092
If the TA is gagged you can bet it's not in the shareholders best interest.
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