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PoorBoy2

08/25/11 3:35 PM

#6946 RE: TJG #6945

Looks like they have already diluted a small amount for paying the $3.15 mil
If they keep doing a small amount every month like this, it could be a long time before the pps even thinks about overcoming this downward pressure.

NOTE 13 – SUBSEQUENT EVENT

In July, the holder of the remaining $17,500 of convertible notes (footnote 9) converted this amount into 64,818,815 common shares.

In August the holder of the $3,150,000 note converted $8,820 of the note into 98,000,000 shares of common stock.