So you acknowledge and admit the company is a money loser? How else do you end up two million dollars in debt? GRXI now owns a money loser and added to the stable of money losers. GRXI is now holding 2 million in debt they cannot pay.
It doesn't take a rocket genius to figure out that the defaulted money has historically been purchased by Sequoia International and turned into 5 X the dollar value in shares.
So looking at the 830 million restricted shares is really meaningless in the grand scheme of things. Everybody sees the 830 million. What you won't see is the billions that sneak up without an 8K to announce thier presence.
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