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Re: caseytrader post# 190778

Wednesday, 10/20/2010 3:45:42 PM

Wednesday, October 20, 2010 3:45:42 PM

Post# of 202893
from the last 10-k

if there is no change in the O/S there will be.


"As reflected in the accompanying financial statements, the Company has incurred significant losses from operations and negative operating cash flows, which have been financed primarily by proceeds from stock and debt issuance. As a result the Company had accumulated deficits of approximately $16,620,099 and $16,340,706 at June 30 2010 and December 31, 2009 respectively.
Management plans to provide for additional working capital and funds for the continued development and promotion of its products through public sale of the Company's common stock, debt securities or borrowing from financial institutions. Management is also attempting to expand its number of third party manufacturers/suppliers to help get better product prices which could increase cash flow during early stages of sales growth. No assurance can be given that the Company will successfully expand its number of third party manufacturers/suppliers."


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