Trust me insider ownership here is a meaningless ploy, basically to have 100% voting rights to do things like increase a/s, etc without any shareholder participation. The exercise price is just a ridiculous arbitrary figure to make people think this will be a .20 cent stock this time next year, but of course it will not be. They won't run out of shares for conversion, and that's how they get paid regardless of share price.
Penny stock investor conference is not going to turn this around.
There's no good news here.
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