What in the world has Victor done to deserve this?
Company has also entered into a convertible promissory note with it's CEO for accrued and unpaid salary in the amount of $90,000. The Note accrues interest at 6% per annum and is convertible into common stock of the Company at the lesser of $.0002 or 20% of the average of the five lowest intraday trading prices over the 20 trading days prior to the date of conversion.
This and the other note will cause major dilution.