IMHO it is not shorting ....its dilution........simply way to determine that is call the tranfer agent in a few days and see if the O/S increased or not......
IMHO August will be just as bad,,,,,,,,,
From Page 31 20. SUBSEQUENT EVENTS
Issuances of Debt and Warrants: On July 25, 2016, the Company issued a demand promissory note in favor of Dominion Capital LLC ("Dominion") in the amount of $750,000. The principal and interest under the demand note is due and payable on demand, but in no case later than July 23, 2018.
On August 12, 2016, the Company issued a demand promissory note in favor of Dominion Capital LLC ("Dominion") in the amount of $1,000,000. The principal and interest under the demand note is due and payable on demand, but in no case later than August 12, 2018. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11547345