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Re: Hate Liars post# 5628

Sunday, 04/02/2017 12:01:50 PM

Sunday, April 02, 2017 12:01:50 PM

Post# of 54438
I have a question about the q1 report being so good and that is given the fact that they were running out of money towards the end of last year and had to get financing to stay alive, which they did but it is only $500,000 which they only got $50,000 up front and can't access the rest until cse listed, how much cash did they have to replenish inventory? Especially with all the costs associated with uplisting and in running an existing company.

I know that since they are a working company that they do have some cash flow coming in but was it enough to allow them to make q1 all that good?

I personally don't put all that much weight on q1 results, (given what I said above), as once they are uplisted, start having access to the remaining $450,000 and finish developing the new top end covers, they will be golden.

I am interested in if you agree or really feel q1 is still going to be great anyway as I may have missed something.
Thanks




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