Looking at the stock transfers before the end of March 2018 that totalled over 400 Mshares at below market prices. I did not see the cash End up as an asset on the Balance sheet.
Instead found $7M of current liabilities as being derivative liabilities atteibutable to the conversions of debt to stock.
On the Income statement Isee as another expENSE we need a deduction of $7M for derivative liabilities being deducted and resulting in a loss.
Can anyone explain why this still shows up as a current liability if it has been expensed as a loss