In addition to all those shares at 15.6 CENTS per share, the buyers got matching 1:1 Warrants to buy more shares at $1.01 - $1.50, expiring in 2015, 2016, and 2017 (about 1/3 each year).
AND YOU CALL THIS A STOCK WORTH MORE THAN $4 ...!
Amazing.
Citation from TNIB report linked below, pages F-12 and F-5:
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=9344394
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