DILUTION THE SOLUTION ON THIS POS.30 MILLION CAP COMPANY THAT IS LOSING IT'S A$$ SINCE INCEPTION.THEY LOST $1,8 MILLION ON Q1.THEY WILL LOSE ANOTHER $1 MILLION ON THIS REPORT THAT IT'S COMING OUT TODAY.THEY DILUTED 1,5 MILLION SHARES IN JUST 40 DAYS.THIS THING SHOULD BE TRADING AT A CAP OF $10 MILLION OR .05 PER SHARE.WAY OVERVALUED AT $30 MIL CAP.WITH HUGE LOSES EVERY Q.AND A SHARE SELLING POS TO MAKE IT.
As of March 29, 2018, the registrant had 192,555,147 shares of common stock outstanding.
As of May 10, 2018, the registrant had 194,046,100 shares of common stock outstanding.
Liquidity
Our operations have been financed primarily through proceeds from convertible debentures and notes payable, sales of our common stock and revenue generated from our products domestically and internationally by our partners. These funds have provided us with the resources to operate our business, sell and support our products, attract and retain key personnel and add new products to our portfolio. We have experienced net losses and negative cash flows from operations each year since our inception. As of March 31, 2018, we had an accumulated deficit of $37,410,120 and positive working capital of $393,439. Although no assurances can be given, we currently intend to raise additional capital through the sale of debt or equity securities to provide additional working capital, pay for further expansion and development of our business, and to meet current obligations. Such capital may not be available to us when we need it or on terms acceptable to us, if at all