I think you have the cart a little in front of the horse. The equity range mentioned in the Q1 report is exactly that. I'm not sure where you're coming up with a 0.0001 price from either, so you might want to verify the source of that information, or provide your own proof of how you came up with that number.

Any equity deal is speculation until it is finalized, so you'll need to wait until the company shares more info. If you have any other documented proof, please feel free to provide a link so we all understand it.