The key paragraph is below

1. Purpose; Effectiveness of the Plan.

a) The purpose of this Plan is to advance the interests of the Company and its Stockholders by permitting the Company to discharge, through
the issuance of shares of Stock, certain liabilities for compensation due to employees, consultants, and advisors for services rendered.

So they are issuing up to 50,000,000 million shares to pay someone that they owe. I highly doubt it is employees. Could it be JMJ, Earll, a financial advisory entitiy related to the rumored financing? The S-8 DOES NOT say what it is for. If you look at Exhibit A, all of the information is blank ...I wonder why they couldn't say what the purpose was for and who it was for.

Anyway, it appears to be connected to what is coming.

If anyone from the company is reading, the letter from the law firm is incorrect. It should read "2013 Employee ...Plan", not "2012"