We have known for a very very long time that the filings for 2013 were very very off and were in the process of being corrected, news why our 10k was so late - old news.
Nobody likes dilution but it's sometimes necessary for a company in a momo industry where you can not sit on your ass and wait until you have the cash flow. We know and see where the dilution is going - the 2.2million in revenue projection is based on current contracts.
Even with your numbers and the 3m projected profits for the year (could be more but likely won't be less) we are still 1.6 : 1 and extremely undervalued. Iliv will begin to capitalize on its investments this year. It will be impressive.
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