that is pure bunk.
Who the heck knows how much has been paid off, or how much new toxic convertible debt has been added?????
conversions are not the only way that o/s can rise.
the company has no cash flow from operations, so where are they getting the funds to keep the lights on, the lawyers paid, and IR doing their fine job?
Who knows how many new, dilutive shares have been issued in lieu of cash payments to vendors for services, or employees/officers in lieu of cash salaries?
ROFLMFAO