First off, that last paragraph you quoted from the

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First off, that last paragraph you quoted from the 10Q simply refers to the amount of shares that Kyle, two directors and another company each own. These fall under the 'related' listing so the two directors are relatives of some sort and have accumulated over 30,000,000 shares since 2012. Sounds like they are NOT selling. The company is controlled by his wife so Kyle and his wife have over 70,000,000 shares. Looks like they are NOT selling either. So other than proving my point, that quote and paragraph do not support your theory.

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Officers/directors must be listed, and they can only sell 1% of the OS per quarter, so it's likely they accumulate. But Kyle and his wife only own 35MM shares, not 70MM. You need to read the footnote.

(3) For the purposes of this table, the share amounts being shown as beneficially owned by Mr. Kennedy include: 35,500,000 shares legally owned by Credo Argentarius, LLC (“Credo”), an entity controlled by Mr. Kennedy’s wife. This statement shall not be construed as an admission that Mr. Kennedy is, for the purposes of Section 13(d) or Section 16 of the Securities Exchange Act of 1934, the beneficial owner of any of the securities set forth in the preceding sentence.

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No, they do NOT get a discount regardless of what the price is.

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Actually in most cases they do. The loans in default are a drop in the bucket compared to what's been paid out, which is around 1B shares since the reverse merger, along with $10MM in accumulated losses.

But had those notes been paid the share count would be much higher and since they are in default they can always be renegotiated. I assure you they will be used as leverage. And the fact they are in default shows Kyle's mismanagement.

It would be nice to see family members with these loans in default pledge not to foreclose on the assets, as they could.

Still waiting on that invitation from Kyle.