Did I read that right?
It looks like rip off of shareholders to me.
5% for the balance of this year.
It then jumps to 10% starting next year.
Why didn't he just get a 10% loan?
10% is a great return in this low interest rate environment.
Why did he give away shares at .68?
Guess who shorted the heck out of the stock today?
And then he stuffed warrants into the thieves pockets too?
There are a billion people to implant there.))
"The number of opiate users in East Asia—particularly China—and the Pacific now accounts for a quarter of the world's total use, up from a fifth between 2000 and 2005. According to the World Drug Report, also put out by the U.N. Office on Drugs and Crime, registered heroin users in China rose to 1.1 million in 2010 from about 900,000 in 2002 and account for more than 70% of all heroin users in East Asia and the Pacific.
While estimates of the total number of heroin users in China—including unregistered users—are harder to gauge, the total number of injecting drug users is believed to be about 2.5 million, according to the U.N."