Math.
434M shares in exchange for $294K debt.
What's that equal, p/sh?
Like I said, unaudited filings never tell the whole story (hell, audited ones don't either, for that matter, but nonetheless...).
380M shares could have gone for the principal of the CD, and 54M for the interest and penalties.
Most plausible explanation for the unaccounted for 54M shares.
Plain...and simple.
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