Don't forget the company admitted in its own filings that it could be forced to issue an amount of shares due to the note holders of all the existing convertible debentures that will exceed the authorized 1.7 Billion shares filed with the state.
Can you imagine, this is just the beginning, wait until 100s of millions start hitting the bids on a daily basis.
With 2 Billion shares plus on a fully diluted basis, and only $55 in tangible assets, has anyone other than Melissa Diaz have any fundamental reasoning to justify a $0.40 cent stock, nearly $1 Billion in capitalization?
Anything?
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