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Re: giaiv22 post# 4406

Tuesday, 07/14/2015 10:16:27 AM

Tuesday, July 14, 2015 10:16:27 AM

Post# of 23189
What a bunch of nonsense. I do not agree with a single word of it.
Fact is the company has CLEARLY STATED WHAT IT HAS DONE AND ITS INTENTIONS.
SMSE financials state Convertible Notes Use, and ADDITIONAL DILUTION to SHAREHOLDERS.
Plan of Operation.
i. As of the end of the reporting period, the issuer has cash requirements satisfied through the end of Quarter 2 of 2015, which it raised in through a convertible note financing in Quarter 1 of 2015. In Quarter 2 of 2015, the issuer shall seek to clear certain investor and vendor debt of its balance sheet the by converting such debt to common stock, and shall seek to meet cash requirements through Quarter 3 of 2015 through direct investment, which may also be dilutive to shareholders. Management expects the issuer to be cash flow positive such that it meets its cash requirements some time in Quarter 4 of 2015


Ref my post of april 29 2015 so much for the conveniently left out garbage.


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