We all know 62 million in NOT correct. Further research shows millions of common shares were issued for the convertable debt at .01. Remember when we were told it was .28, then converted a massive amount of shares at .01.
"In addition, Xtreme has converted over $1.2 Million of debt into equity in its efforts to continue to eliminate debt from its balance sheet. We anticipate the remaining debt will be converted into equity during the next several weeks."