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Wednesday, 07/29/2015 9:48:46 PM

Wednesday, July 29, 2015 9:48:46 PM

Post# of 8328
CEO stated:

“The new funds, the exchange of Series A and C warrants, as well as the previously announced conversion of subordinated debt to equity, were arranged to position the company [for the second quarter of 2015] to both have stockholders’ equity in excess of the minimum stockholders’ equity of $2.5 million—as required by NASDAQ as one option for meeting the continued listing standards — and to have positive working capital.”

Guess that makes it official. Delisting is no longer an issue! Think I may be a RGSE long now. Psyched to see what this CEO can do.

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