"On February 10, 2014, the registrant issued a press release regarding the future conversion of $660,000 of personal debt owed by the registrant to Mr. Manu Kumaran, the registrant’s chairman of the board and chief executive officer, into 10,312,250 common shares at a purchase price of $0.064 per share. The conversion by Mr. Kumaran was approved by the registrant’s board of directors.
These shares will be issued once the increase in the registrant’s authorized shares has become effective."
Most recent 8k regarding debt to equity conversion.