Now they are admitting to toxic debt? The dilution is only beginning. The Death Spiral begins, but Wade and Nate are okay because they have the Super Preferred shares.
Ongoing dilution and then I am betting a NT 10K on August 30th and then a Form 15.
FORM 15
CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934.