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Re: uw86 post# 32423

Tuesday, 04/20/2010 2:58:34 PM

Tuesday, April 20, 2010 2:58:34 PM

Post# of 35633
The monthly salary nut might be around $50k and there are some immediate one time expenses to get 10-Ks filed and payment to U of Ottawa. So a $400k (est) line-of credit bridge could provide funding for several months. Again, this assumes that J-L wants an IPO sooner than later. I’m thinking in J-L’s shoes, not CSMG’s

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