CGRA No dilution, no note conversion, and company fully funded for the rest of 2016! Unheard of in the OTC!
Based on the Company’s current cash position versus its historical working capital deficit, the Company, for the fiscal year ended December 31, 2016, has the ability to continue as a going concern and is not dependent upon its ability to generate sufficient cash flow from sales to meet its obligations on a timely basis, nor is it necessary to obtain additional financing, on its way to ultimately attaining profitability. Furthermore, the Company does not require nor intend to raise additional capital through equity financings, which could result in existing shareholders having their ownership interests diluted.
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