Yes, market cap is $180,000 maybe (TA gagged we can't get real numbers either). That of course would make $.05 sp a bargain. However, in a few weeks, a sp of .05 would make every shareholder happy beyond belief because by then, the sp will be much lower.
As part of the sale of Common stock the Company issued 285,000 warrants to purchase its Common stock at a price of $0.50 per share expiring 2 years from the date of issuance during July 2006.
The Company issued 3,478,000 warrants to purchase Common stock at a purchase price of $0.50 per share expiring two years from the date of their issuance in 2006.
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