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Re: None

Thursday, 01/30/2020 8:40:27 AM

Thursday, January 30, 2020 8:40:27 AM

Post# of 195762
I find these points from the S-1 interesting. They specifically note marketing and sales initiatives as included in the intended use of proceeds:

We intend to use approximately 65% of any proceeds received under the Purchase Agreement towards our research and development efforts which may include, without limitation, (a) retaining additional management, sales, marketing, technical and other staff to our workforce, (b) expanding our research and development facilities, including the purchase of additional laboratory and production equipment, (c) marketing our future products as they are introduced into the marketplace, (d) developing and maintaining collaborative relationships with strategic partners, (e) developing and improving our manufacturing processes and quality controls, and approximately 35% of any proceeds received may be used for increasing our general and administrative activities related to our operations as a reporting public company and related corporate compliance requirements.

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