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Re: None

Friday, 01/09/2015 9:05:07 AM

Friday, January 09, 2015 9:05:07 AM

Post# of 130502
I think the company will need to raise a minimum of $35,000,000 in 2015 to fund operations considering the E.S.S. acquisition and the starting of trials for the various products in the pipeline.

The company's operating loss in the third quarter of 2014 was approximately $4.5M and I expect it will increase substantially quarter over quarter moving ahead.

Based on my calculations Gerald still has about 650,000,000 shares available to sell to raise cash.

Interesting year ahead.

p.s. Did you really think the company's operating loss was over $4.5M in the third quarter before you actually saw the filing? I didn't.