I think you are reading this correctly. My guess is that 12 million dollar buyout is about to become a reality. This stock price should go crazy in the next few weeks. My guess is that since they released that information they are done with converting the debt and that's what was seen the past few weeks causing the stock price to decline.
How many shares were issued?? 100million... Hmm... 300 million?? 500 million ?? More/less???... And why is that such a secret??? So Outsider shareholders don't know???