I'd say they would run the stock before diluting it in order to bring in more volume/liquidity so in my opinion its a win-win here... They do have some convertible debt on the books but it has been decreasing quarter over quarter which is good.
Convertible debt has been reduced $90K from last Q to a present total of:
Convertible debentures, net 386,815
O/S has increased from 30M to 57M not including some subsequent shares issued post 9/30/14.
At pps .003, that cd debt could be wiped out with another 130M shares. I also question why they post $131K cash income and not use that income to pay down those frenchy cd funder scoundrels?