Wash rinse and repeat! Lol.! This us straight from the 10-Q. PLAN OF OPERATION AND FUNDING
We expect that working capital requirements will continue to be funded through a combination of our existing funds and generation of revenues. Our working capital requirements are expected to increase in line with the growth of our business.
Our principal demands for liquidity are to increase capacity, inventory purchase, sales distribution of our pellets, and general corporate purposes. We intend to meet our liquidity requirements, including capital expenditures related to the purchase of equipment and/or inventory, and the expansion of our business, through cash flow provided by operations and funds raised through proceeds from the issuance of debt or equity.
Existing working capital, further advances and debt instruments, and anticipated cash flow are expected to be adequate to fund our operations over the next six months. We have no lines of credit or other bank financing arrangements. We may finance expenses with further issuances of securities and debt issuances. Any additional issuances of equity or convertible debt securities will result in dilution to our current shareholders. Further, such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all.
Make no joke about it. They will continue this scam. More shares coming. Next RS will be a 1/10000. Lol! And in thus report sill on answers on the $100 million dollar contract with Korea!!!! Scam!!! Scam!!!! Scam!!!! Thus gut still can't and won't answer the question about the contract. That was supposed to be in this report. Scam!!!! Fraud!!!!! That is what KGET is all about. Wait for the name change next year. Scam!!!!
