Frogster - Ask yourself the right questions, page-3

completely agree with the notion that the shareholders were misled about the company finances.
there is absolutely no doubt about that !!

simply consider the ludicrous 500k loan followed by 4mill loan over 3 years followed by the convertible notes which are actually only a share issue for 2billion plus another 300k plus another 250k or so of shares in the company, giving away 98% of the company..
yet in the last quarterly it clearly states in the box for credit standby arrangements; $5mill..
so if there is a credit facility for $5mill on the books, why the recent process of company-killing financing moves ?

This is clearly misleading.