As of the last filing, the total liabilities are a little over 7 million USD with around 5 million directly related to the convertible notes and derivative liabilities related to that type of financing.
That last O/S increase which exploded from 20 mill to 113 mill on the huge run up to .60 PPS took care of about 930,000.00 of that debt, still around 6 million to go....this is IMHO, but read the financials....
All those shares that were dumped during that big run were dumped for the profit of the note holders who got those shares for about .01 per share and stole millions of USD from the company and share holders IMHO.
The amount of money that was basically stolen here by doing that could have easily paid off all the debt for this company, but it didnt, it went to the vampire note holders...ALL IMHO...
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