probably- they issued probably well over 100 million at low pps in dec 11-13? promos -a sign of desperation imo,and with very small amounts -500-1500  paid to promoters.

What I'm most concerned about is language in last 10q not recognizing 3 notes previously recognized as legitimate -language to the effect 'to be removed later' and forbearance agreements w certain creditors til dec 31,2013.

If such agreements are not renewed it means lawsuits with creditors and combined w the new language in last 10q suspiciously sounds like chapter 11- they need a reliable investor or permits to assure investors but no money for permits