What is killing this stock is the huge float...with over 340,000,000 shares issued from convertible notes at LESS THAN .01 per share:
On February 15, 2018, a convertible note holder converted $110,000 of convertible debt (the SB Notes) into 55,000,000 shares of the Company’s common stock at a price of $0.002 per share.
On February 22, 2018, the Company issued 25,000,000 shares of the Company’s common stock to a noteholder for conversion of $50,000 of notes purchased from Stockbridge Enterprises, L.P. (the “SB Notes”), at a price of $0.002 per share.
On March 7, 2018, the Company issued 600,000 shares of the Company’s common stock to a consultant for services.
On March 12, 2018, the Company issued 25,000,000 shares of the Company’s common stock to a noteholder for conversion of $50,000 of notes purchased from Stockbridge Enterprises, L.P. (the “SB Notes”), at a price of $0.002 per share.
On April 3, 2018, the Company issued 1,428,571 shares of the Company’s common stock to a noteholder for conversion of a convertible note payable at a price of $0.007 per share.
Here are some pre-2018 stock issuances:
7,680,000 shares of common stock in September 2017 (.005 per share)
A noteholder converted a convertible note in full on June
5, 2017 for 60,000,000 shares at an agreed upon price of $0.0011 per share
A noteholder converted $140,000 of a note in August 2017
for 70,000,000 shares of common stock at $0.002 per share
On June 3, 2016 and July 14, 2016, the Company issued 54,719,562 and 42,417,815 shares, respectively, of its common
stock, (a total of 97,137,377 common shares with a fair value of approximately $953,600) to a third party for an ownership
stake in Draft Fury, a daily fantasy sports enterprise. (.009817 per share) This has been written down to ZERO.
Who knows how many of theses shares are left to dump...