Old news - that raise closed back in March. May have been a small price to pay to keep the company alive and their jobs and benefits intact. Closed today at 0.03......who wants 1M shares for 30 grand...? Even a 1-10 share consolidation keeps it trading as a penny stock......MTLO is a lesson in no matter how far a share price declines, it can always go lower.....do I hear 0.025.....?........0.02.......?