That's why I feel the 10Q is so very important right now. Looking at the financials CLEARLY shows these guys have been getting these TOXIC NOTES and selling shares just to pay themselves.
Year over year financing for nothing. Asher doen't care who they loan to as long as there is a market for the converted shares when the time comes to dump.
Also one more note due at the end of September to someone else add to the list of dilutive financing.
JMJ Financial Promissory Note IV October 21, 2012
On October 21, 2012, the Company received funding pursuant to a convertible promissory note in the amount of $35,000. The promissory note is unsecured, bears interest at 5% per annum, and matures on September 30, 2013
Who knows what financing they have signed and how bad the terms are. 3 months is too much time to not know what is going on.
The merger, if it happens, would be nice. The landfill deal, see if it actually closes, isn't a instant win either. There will be plenty of costs to deal with so the idea of sudden blue skies is just a fanciful notion. But this is pennyland and anything goes. LOL
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