I believe I am reading it right but the CEO issued himself 50 billion common shares (preferred convertible into common). This is crazy.
LOL! Sooner than later, it'll crash as it did before: going back to $0.004 early of the year. The only person of the company issued himself 1.4 Billion shares at no cost, and pumping it hard to dump!
What? Did he issued himself 50 Billions of worthless paper? Now, they're valued at $300 Million, Totally a Scam and Fraud.
Have reported this fraud to SEC already and told they'll investigate it.
You Bashers are NUTS !..One poster is saying CEO issued himself 5B Shares and you're saying 50 Billions.
Can we just go ahead and make it a Trillions ?.... Believed It Or Not, I'm looking down at VHGI Coal Mine in Indiana. I'll be keeping an Eye on that Coal Train as it rolls away...