236T568 ... You might want to try ...
"before you start with this "lack of knowledge" bit, lets just see how many millions of shares the Warrants are exercisable into, and if the debt is convertible, lets see how many millions of shares it is convertible into, then you can decide whether dilution is occurring and whether the company is being fair to its stockholders by raising such funds to pay the salaries and consulting fees of management - all part -time consultants - millions of dollars worth per year.
what would be really scary is if the convertible debt and warrants are structured as DEATH SPIRALS!"
... rereading the Reg D Form again !!
16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
$0 USD Estimate
Also, do you really think you`d recognize "DEATH SPIRALS" financing if you saw it ?? You were totally wrong about that whopping big $100,000 Convertible Note [now paid off] as representing death spiral financing when in FACT it didn`t, REMEMBER ?????