I'm sorry, I was not responding to the pullback. I just wanted to express my happiness about the way Bikini Ready is being promoted.
And I took the opportunity to say that I have not seen anybody discussing the issue yet of how this company is going to raise more capital.
The 10K explicitly says (p19): We will be required to raise additional funds through public or private financing, additional collaborative relationships or other arrangements until we are able to raise revenues to a point of positive cash flow. We believe our existing and available capital resources will be sufficient to satisfy our funding requirements through the first quarter of 2014. We are evaluating various options to further reduce our cash requirements to operate at a reduced rate, as well as options to raise additional funds, including loans and sale of common stock.
(p29): In February 2014 the Company increased the preferred stock, convertible Series G authorized shares to 400,000.
200K extra convertible shares could be 50M common shares one day. We are already at around 150M. Executives and directors have been rewarding themselves with over 5M shares already since the start of 2014. Those are the things that make it challenging for me to stay confident. But I stay long anyway
AI
