you're wrong about the dilution.. The company is not diluting right now.. Go watch the presentation as you're not very knowledgeable about the company and your agenda is obvious.. When the company finds the need to dilute, they will release a PR stating their need to dilute.. And that is only if they have the need to for growth reasons.. so the 2 billion they are allowed to dilute they still have available and have not released it into the market. NONE of IT... so relax there with the dilution comments.. If you dont like Phot.. go buy something that is cheaper like R!GH or F!TX
"derivative liability": $9,324,000. One thing I'd like to know more about is the line under current liabilities. anyone have any insights into how this financial mechanism works? If one excludes this from liabilities the balance sheet ratios become much more attractive...