Got to say that dilution has me concerned.
From the 10QSB:
Deficiency in Stockholders' Equity:
Preferred Stock, par value $.0001 per share; 20,000,000
shares authorized; none issued at March 31, 2004 and
June 30, 2003 -- --
Common Stock, par value $.0001 per share; 2,500,000,000
shares authorized; 543,394,027 shares and 310,830,764
shares issued and outstanding at March 31, 2004 and
June 30, 2003, respectively
They need financing and intend to get much of it with
shares. Makes it hard to determine how
the PPS will evolve. Over 2 billion shares to use .
ThSeeker