I have that information in my post.
FUSZ raised $3,300,500 by selling stock at $.16/share between January and March. That stock is restricted now, but eventually it will become free trading.
FUSZ used $976,120 of that cash to settle outstanding notes payable totaling $1,870,769. But FUSZ also issued 7,383,006 free trading shares of common stock to those very same Note holders between January and March which came out to $.14/share even after the cash payment was deducted from the total owed.
That left $2,464,940 in cash according to the proforma financials.
And even though they had all that cash left, they still issued 10,836,366 free trading shares of stock to Oceanside Strategies Inc on April 17th https://backend.otcmarkets.com/otcapi/company/sec-filings/12696958/content/html
Oceanside Strategies Inc reported receiving 4,660,506 free trading shares at $.07/share from a debt Note conversion and 6,175,860 free trading shares of stock at $.07/share - $.08/share from exercising warrants.
That should have covered all the debt owed to Oceanside and all the outstanding warrants owned by Oceanside but those 10,836,366 free trading shares have without a doubt been a major threat to the FUSZ share price over the past several days. What incentive does Oceanside have to hold when they stand to make millions of dollars at these prices? Think about it.
So to repeat. FUSZ issued 7,383,006 free trading shares between January and March at $.14/share and another 10,836,366 free trading shares on April 17, 2018 at between $.07-$.08/share. That's a lot of free trading stock issued way way below the market price. Those stock holders stand to make a ton of money at these inflated FUSZ prices so you can bet they have been selling that stock. But the CEO would rather mislead people into thinking that it is Naked Shorts and bashers hurting the share price.
And FUSZ still has an agreement in place with Kodiak Capital for Kodiak to provide financing at at $.25/share. Plus Kodiak has the option to buy up to 2,000,000 shares at $.15/share and $.20/share through warrants.
Of course Kodiak is talking positive about FUSZ on twitter because Kodiak stands to make more money the better the FUSZ share price does.
So how long will $2,464,940 last?
Well according to the FUSZ filings, just during the last 3 months of 2017, FUSZ spent over $3.2 million in general & administrative expenses.
So FUSZ burns through cash like air. Barring any drastic positive changes to the the cash flow, $2,464,940 won't last them through the end of the year.
And none of that changes the fact that FUSZ has had its share price hyped way beyond any realistic valuation for the company thanks to massive amounts of pumping/awareness and forward looking statements in press releases and on social media.
It also doesn't change the fact that the CEO is throwing up major red flags by making an ass of himself by blaming naked shorts and making threats. Nothing is a bigger RED FLAG that your stock might be a scam than a CEO that is on message boards and social media pumping a stock and making threats instead of running a company.
Respectable CEOs of real companies don't worry about the share price. They are too busy building a real business because they know that when you have a good business offering a good product the share price will follow.