Butter doesn't know what they are posting and is why no specifics. I can point out some very positive things in that posting from the last quarterly. Insiders are heavily invested in the preferreds and new note holders are taking an investment position. Many traders were disappointed with the quarterly but it was a clean read and it should be read in the context of the follow-up 8K in my opinion. Relative to the low expenses, there is a lot going on with this company.
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. > During the quarter ended March 31, 2021, we sold $175,500...
>Subsequent to March 31, 2021, we sold $150,000 in principal amount of new 2019 Fixed Rate Convertible Notes...
"The issuances described above were exempt from registration pursuant to Section 4(a)(2), Rule 506 of Regulation D and/or Regulation S of the Securities Act, since the foregoing issuances did not involve a public offering, the recipients took the securities for investment and not resale, we took take appropriate measures to restrict transfer,..."
10 million shares accounted for and nothing to complain about.
"During the nine month period ended March 31, 2021, $50,000, plus accrued interest, of the 2020 Fixed Rate Convertible Notes were converted into 10,000,000 shares of common stock."
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