Not my area knowledge, but I pulled this out:
13. Offering and Sales Amounts
Total Offering Amount $ 110000 USD o Indefinite
Total Amount Sold $ 110000 USD
Total Remaining to be Sold $ 0 USD o Indefinite
Clarification of Response (if Necessary)
Consists of (i) convertible note in the amount of $110,000 and (ii) a common stock purchase warrant to purchase 1,000,000 shares.
with the "first" sale on 11/21/14
Is this part of the previous deal, or a new deal?
Seems to be in line with what they've been saying, I think it's benign but people here with the knowledge will elaborate.