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Re: luvgagolf post# 27829

Friday, 05/29/2015 2:51:54 PM

Friday, May 29, 2015 2:51:54 PM

Post# of 98640
I'm not so worried about the 11 million shares, this is what I'm worried about.

As of February 28, 2015, the Company had $1,328 in cash and a total of $1,328 in assets. In management's opinion, the Company's cash position is insufficient to maintain its operations at the current level for the next 12 months. Any expansion may cause the Company to require additional capital until such expansion began generating revenue. It is anticipated that the raise of additional funds will principally be through the sales of our securities. As of the date of this report, additional funding has not been secured and no assurance may be given that we will be able to raise additional funds.

They have received 3 million in financing at 0%. Yet they have the capability to do 40 million in revenue each year. 3 million is NOT going to cover that if Costco, Sam's, walmart.....etc start placing orders. The company knows this and states VERY clearly in the 10q they will dilute to cover expenses until they are profitable.

The facts are STARING people right in the face and they continue to buy into a stock with a 5.6~ million valuation and little to no sales. I'm all for being optimistic but I mean at some point we all need to start being realistic, save your money for better opportunities is all I'm saying!

I didn't sell out, I bought in!

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