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Thursday, January 29, 2015 1:43:34 PM
What's the size of the first region?
Answer: "The Company’s product growth plan is to initially introduce the product in a regional area of up to 200 stores."
Nate clearly states that the 3M will be used for the national rollout, which will occur 8-12 months after the initial regional rollout. Not too hard to understand.
Your wish of an 8K is premature and unnecessary, since the funds are not presently needed. Many things can change within an 8-12 month period. An agreement to finance is contingent on many factors. The specific amount needed for a national rollout is unknown at this time. The press release just states that Nate may need "up to $3,000,000."
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