Your numbers are not all correct either. Your 5.5 is a little more then double what it really was. Kim only took up to $100,000 every month per the last agreement. The amount of shares sold at the lowest point (.02) was also 1/4 of what he could have sold.
On May 19, 2012, the Company issued 1,923,077 shares of common stock for $100,000 ($0.05/share).
On June 29, 2012, the Company issued 2,155,172 shares of common stock for $100,000 ($0.04/share).
On December 21, 2012, the Company issued 1,004,832 shares of common stock for $25,000 ($0.02/share).
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