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DesertEagle

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DesertEagle

Re: Nedwin513 post# 46747

Tuesday, 10/09/2018 12:43:37 PM

Tuesday, October 09, 2018 12:43:37 PM

Post# of 50157
Actually less than what you stated. $8.1m raised in Rights Offering which after fees was net $7.3m.

Per the amendments to notes issued on June 4, 2018 and July 20, 2018 "the first $2.5 million raised from the Company’s rights offering and 50% of any subsequent financings shall be used to satisfy the Company’s obligations under the Notes."

That would leave $4.8m for operations or about 2 months at current burn rate.

Not trying to discourage you, just food for thought.

Anything written herein that you find misspelled, objectionable, incoherent, dim-witted, plagiarized or legally actionable should be attributed to the keyboard Manufacturer, Russian Hackers, Jack Daniels (the drink not the person) or the DNC.

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