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Re: SmoothTrader61 post# 4500

Friday, 04/23/2010 6:18:31 PM

Friday, April 23, 2010 6:18:31 PM

Post# of 11485
"Management believes that additional capital will be required to fund operations through the year ending October 31, 2010 and beyond, as it attempts to generate increasing revenue, and develops new products. Management intends to raise capital through additional equity and convertible debt offerings. There can be no assurance that the Company will be successful in obtaining financing at the level needed or on terms acceptable to the Company."


I think this explains it all, those shares will be diluted in to raise capital. It sucks, I'm down like many here, but let's be honest. :)
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