Ive never been involved in a penny stock thats had a R/S that hasnt gone down 90%, thats been mentioned here many times.
Im not here trying to defend dilution based on the toxic debt, I dont like it, and it will continue every month until these guys can pay the bills with cash instead of shares, but almost all penny stocks have that problem, and its your job as an investor to invest accordingly. Thats why penny stocks are extremely risky investments in the first place, because they are dilution machines.
If you sell something for a profit, its considered revenue, we may have sold Mustang Island 818-L for a profit, just saying....
If you hate this so much, sell and move on man, its not worth the aggravation, there are 5000 other OTC stocks out there, find one you like, you know what I mean, its not worth the stress...