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Re: Jitz post# 29726

Wednesday, 04/20/2011 6:16:05 PM

Wednesday, April 20, 2011 6:16:05 PM

Post# of 77519
The reason I asked that question is because I wanted to get more of a feeling on whether Bob felt good enough about his company to commit more funds to end alternative financing and support this company until burn rate is negated and it would show his confidence in the ultimate success of his/our company....I suspect that RHL Group does not have the deep pockets that I would liked to have seen substantiated although I do believe Bob most definately believes in the future success of this company he simply does not have any alternative now but to use alternative financing as I am sure he is keeping enough $$ in RHL Group to get us over to the break even point! I do not think its takes a mathematical genius to figure out burn rate.cumulative proceeds to know exactly how much he needs to go "cash positive" at some point in time that only Bob knows!...We have one helleva good man/CEO here!! JMO...Tiffer .............................................................................................................................The person on the phone after three asked the best question (which couldnt be answered!)
about when they would be cash flow positive and why the RHL group wasn’t contributing completely instead of keeping duchess. I was satisfied with the answer that they were very committed already

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