Except “back then” early beginning of 2017 q1 the debt was at over $700k! Now it’s at 173k.... so I disagree completely. 500 million shares to get rid of $500k debt not too bad actually! And what you said doesn’t mention anything in regards to valuation. They are making over $million in revenue this year alone, next year will be more. That puts this company at .005+ even if it’s fully diluted with a max OS of 2.5 Billion. More bloated companies have run higher, and have crap for revenues, so again this is undervalued. Period.
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