I read the filings briefly.
Selling shares is how these companies get their start up capital. Almost all of them do it and the dilution is pretty much never good for the shareholder.
What my DD has shown me so far about $BONZ is that management is trying to communicate and what they have communicated so far seems to be the truth. That's a good start.
BONZ for me is purely a swing trade and I will get out before I take a big loss. If we're lucky and they happen to come out with some good numbers, I may keep a few shares for a while longer.
As I'm sure you well know, investing in stocks is risky, especially penny stocks. There is NEVER a guarantee.