who in their right mind would want to take over this company for 1 million?? technology and patents are only as good as the future product that it sells at a profit.
So correct me if I'm wrong.. convertible debt was capped when the share increase was voted down, along with the RS. The employee incentive program allowed for shares to jump from 64 mil to 86 mil. They have roughly over $1 mil in convertible debt left and not enough votes to issue shares at these prices. 6 months to try to shake the weak and with it's movement not many takers. Not many buyers willing to risk more either. The company tried to scare people by issuing SEC filing with the intention of pretending to go bankrupt. When that didn't work the $250,000 contract was released to get people to sell below .02...all speculation on my part...
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