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Wednesday, September 09, 2015 12:03:09 PM
$400,000 raised to be used for:
launch the test pilot
working capital
hiring staff ( low end staffing will be paid from working capital - management should be paid in shares or warrants to increase incentive)
marketing (much of the publicity will come free imo)
manufacturing (which I believe will be financed predominately with purchase order financing and will not reduce the working capital)
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