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Wednesday, May 28, 2014 7:05:39 AM
Lock profits peeps, don't get greedy
From last Q call
The Company’s working capital amounted to approximately $3.5 million at March 31, 2014, and cash and cash equivalents amounted to approximately $4.5 million at March 31, 2014. The Company’s existing liquidity is not sufficient to fund its operations, anticipated capital expenditures, working capital and other financing requirements for the foreseeable future. The Company will need to seek to obtain additional debt or equity financing, especially if the Company experiences downturns or cyclical fluctuations in its business that are....
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