Just ran across this 8-K. If you read it, you will see that some amount of dilution is almost guaranteed from the 2 promissory notes that have recently been signed and agreed to.
The note holders are entitled to, at their option, convert all or any amount of the principal face amount and any accrued but unpaid interest of the Notes into Common Stock, at any time, at a conversion price for each share of Common Stock equal to $0.20.
The maturity date of these Notes is January 31, 2020.
The parts in italics above are copied directly from the 8K. I will take a look at the rest of the terms of these notes when I have time.
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