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Re: Clegane post# 37659

Thursday, 04/27/2017 8:55:35 AM

Thursday, April 27, 2017 8:55:35 AM

Post# of 107737

Clegane, you said>>>>>> Specific bad numbers? how about:

"We will require substantial additional funding, which may not be available to us on acceptable terms, or at all.
Our cash balance as of December 31, 2016 was approximately $38,000"

$38k is 10% of operating expenses for one month. That doesn't concern you?
>>> They are operating at a loss, and are not cash flow positive. We all know that. What do you expect them to do? Operate at a loss, and not pay their bills as best they can? They didn't have much cash because they were meeting their obligations as best they could.

How about sales and marketing expense: $1,967,786 for the last quarter.
>>> Sales and marketing is not an immediate-reward venture. You spend a lot of money, and it pays off over time.

Which resulted in a pitiful increase in revenue. Where did almst two million go by the way, because there hasn't been much to show for it...
>>> What 2 million? I assume that you're referring to China, as you have in the past? What was the situation? What is the current scenario? It sounds like you know more about this than me, so please educate me.

...how about this one:

Net loss: $16,501,889

A TEN MILLION dllar increase in net loss over the previous quarter..
>>> Do you understand why it was $16m? I'm guessing that you have read the 10K in detail and understand that this is not an ongoing situation, right? We have covered all of this, over and over.

nah, just blow that on off too... Keep pumping.
>>> Not pumping...just responding to your concerns.

oh, one last one:
General and administrative: $1,888,155

Almost two million dollars for... what?
I thought the Yaz wasn't taking a salary? What value does 1.9 mil bring?
>>> do you know what G&A expenses are, or are you continuing to repost earlier misinformation? You understand that this isn't "Yaz taking a salary" (sic) right?


These are YOUR shareholder dollars remember...
>>> Trust me, I know where my dollars are. Fortunately there are a lot more of them now than there were in January and February. I do, however, appreciate you looking out for my well-being.

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