Friday, July 29, 2016 10:48:00 AM
·approximately $3,000,000 to purchase AM Manufacturing equipment including new EOS 3D printers and related support equipment and site license for a full material / processing suite of software;
·approximately $500,000 to purchase manufacturing and inspection equipment including milling, turning, metallographic preparation capabilities; and
·the remaining proceeds will be used for general corporate purposes, including working capital. See “Use of Proceeds” for a more complete description of the intended use of proceeds from this offering..."
Getting money to pay basic expenses and salary from the investing public is a terrible idea, and really people here must have pigs at home they practice putting lipstick on, this is really terrible for the shareholder, especially long and real money, revenue, contracts are NOT there, that's why they have to do this. Now many millions to pay in salaries etc, tic toc. Any conjecture that obviously there must be all these contracts they are waiting to tell you about, can't be true because obviously they would tell you in an 8K. No regard for the shareholder IMO, don't buy, don't buy.
Under "use of proceeds"...
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