Almost $2 million in convertible notes left. No revenue at all for the entire 2017 year.
At a 50% discount and $0.0001 share price, that means
(1,990,727 shares / 0.0001) / 0.50 = 3,981,454,000
They need almost 4 billion more shares just for the toxic financing.
They also have around $500K in accounts payable and another $1 million in long term liability.
Ouch, bankruptcy might be the choice next?
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