The liabilities far outweigh the assets so basically the company is bankrupt, so they have to deal with the current notes that they have, at the same time try to get new business, very difficult, the CEO has to be some kind of deal maker to pull all this off, and from the SEC filings it appear he has at least started doing it.
It's so hard to value anything because the overall general market is so bad but in a normal Market this should be trading for at least 2 to 3 cents because of the actions that have already been taken in my opinion, and I'm assuming that all the dilution is going to create a hundred million dollars of revenue.
I have a small position and this is fun to watch of course with money you're willing and be able to lose
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