Again, you show your complete lack of understanding about how this works. The convertible debenture is NOT the company selling stock. It was a deal struck in Feb. 2010 with a group. The group can convert the debt into stock after 6 months.
Have you ever read a 10Q before? You clearly did not do so here. BB and pink sheet stocks are not for novices.
dilute is no big deal only 13.9 mil share! "Common stock equivalents for the period ended June 30, 2010 includes approximately 13,925,414 shares that could dilute earnings per share in future periods."