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Monday, January 12, 2015 10:19:29 AM
No offense, but based on your struggle with the financial statements, I think I'll go with the company's projection, rather than yours.
$5 million is a lot to raise for a company with $12 million in net liabilities already, most of it a current liability. That's accounting for "currently due or due within a year".
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson
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