Wednesday, April 16, 2014 10:11:40 AM
"Use of proceeds is further budgeted for (1) operations, including additional staffing to hire an information technology expert with extensive InterSystems technology expertise and experience as Chief Software Architect to support Sherif Elfayoumy, Ph.D., Chief Technology Officer, and additional sales & marketing staff, (2) completion of 10-K and 10-Q past due filings and pending issues from the reverse merger of the Company, (3) patent and trademark filings, and (4) intensified marketing and sales of QualOptima, including launch of the new Quture website."
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