IN DEFENSE OF ENLIGHTENMENT REASON....
Let's look at smky objectively and not through rose-colored glasses.
Arguendo, let's start with the assumption that in November of 2012, smky had about two thousand (2000) bux. Between that November date and now, we presume that smky burned through those couple of grand.
Absent current data on product production, product sales, product revenue, profits ---> it is doubtful that smky is running on a positive cash flow basis.
But smky is still open for business! There are administrative and other expenses.
How does smky pay its bills? What is the magic fountain from which smky draws its sustenance and keeps the doors open?
I aver that smky remains moribund, but reporting, upon the proceeds it receives from the sale of floorless debentures convertible at a discount. Need money? Issue debt instruments that are of very small risk to the purchaser(s) of that indebtedness.
What a business plan! Dilution pollution. All IMHO.
