Sunrise Consulting Group Inc (SNRS)

[pascal30]

yup, indeed interesting to see how this will develop

if this company can succeed, then they really pulled off a miracle or at least a very remarkable achievement, taking over as CEO only months ago, and now even having the production capacity/knowhow etc to get a new version out by end of month for a new model

still don't know where they are getting the money from
as last communication in disclosure statement was that they needed 50,000$ monthly , so far they have only expenses and no revenue yet (at least not known to us), the AS hasn't been raised in recent weeks and seemingly no major dilution.. so very curious where Chin is getting the funding from and how he manages his cash flow at this point ? Payments to staff, support teams ? Production costs ? Shipping ? Working together with Apple ?

Sorry if i sound too negative, but i have studied economics at university too a long time ago, and i have never seen any way to get a company going without either
1) being very rich and bringing in own capital
2) getting loan(s) from a bank
3) selling shares
4) being able to run your business from positive cash flow
5) bringing in a sponsor/big partner

since CHin promised many times to be totally transparent and open and ethical, and since no news has been there supporting any of the above 5 possibilities there is probably one or two i am missing or not aware of.