The Loc was for $10 million,,,,
,,, Jantaq is the Weismans. The approved shares were 400 million. The pps is in the .02 range. Jantaq got 10 million shares for a couple of notes already and added to DWs 17 million the LOC could have netted a 50+% share of the company.
It was a failed takeover. IMHO.