E-Waste Systems Inc. (fka EWSI)

[IcePickr]

Why were the shares priced so low?

His accrued debt on the 8-K is $735,539. Divide that by, oh lets just say .015.

In that case, the debt would have been paid in full with 49,035,934 shares.

Instead... he paid off $165,500, leaving $570,039 owed to him.


Please explain how this is good for the company or fair to the investors.