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Re: sharky post# 46263

Friday, 10/16/2015 3:06:14 PM

Friday, October 16, 2015 3:06:14 PM

Post# of 74678
But at what gross margin?? Since inception, the company has given away product at cost. Their operating expenses are currently $452k per quarter. Interest expense is also at $452k per quarter.

This is on top of the judgments/settlements they are/were up against ($800k) paying off recently. Since the company reported that they have ZERO cash on hand, the only way to keep the lights on before any revenue comes in is to issue more convertible notes (or work some more part time gigs at other AM radio stations).

I am sticking with my previous prediction that the share count will not be increased until sometime shortly after the 10Q (late November): http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117159032