I think you are right. Had this filing came out during market hours , it would've tanked. Its not only the A/S increase to 8 billion that's bad but creating so many series of preferred shares are a huge red flag ! Par value only .00001 !!! Series A Preferred Stock Series B Preferred Stock Series C Preferred Stock each share = 8 billion Series D-1 Preferred Stock Series D-3 Preferred Stock Series D-5 Preferred Stock Series D-6 Preferred Stock