It's a scam. The most simple explanation is usually the one that is true. And it surely is the case here. Nobody dilutes at 1% unless they KNOW there is no value. The management knows and they do this. It's a faked assets/businesses scam which they cash in by printing and selling shares. There are no other believable explanations. Wake up.
How is that plan of Solomon progressing here? Dilute it down to 5 cent? Huge loan right around the corner? Stock divi right around the corner? Just wondering since I'm not following this nightmare too closely.