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Re: Coalission post# 14313

Friday, 06/10/2011 4:01:04 PM

Friday, June 10, 2011 4:01:04 PM

Post# of 94541
From OPMG

If we do not begin to quickly ramp up our
revenues, we will need to complete a debt or equity financing and are seeking to raise up to $5,000,000 in convertible debt through a brokerdealer.
Because we do not have a Term Sheet with a broker-dealer, we cannot assure you that we will raise any or all of this capital. Any equity
equivalent financing will be very dilutive to our existing shareholders


In order to effectively market PhoneGuard and gain meaningful market share, we need to raise substantial working capital. If we are able to raise these funds, we will be able to promote PhoneGuard through a combination of television, Internet and other media. To reach these
markets, we expect that we will need to raise approximately $3,000,000 in additional financing. If we are unable to raise the working capital, it
is not likely that we will be able to effectively market DriveSafe.


Theoretical physics can prove an elephant can hang from a cliff with its tail tied to a daisy, but use your eyes -- your common sense ----
please DD before you buy or sell
Jimstr