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Posts | 835 |
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Alias Born | 09/22/2009 |
Thursday, September 08, 2011 10:42:12 AM
Its really that simple. And Wall Street is not BUYING, and proof of this is in the current cash flow statement and the equity statement. ONLY $160,000 of new capital for the first eight months of the year (plus $20,000 per subsequent events footnote).
They need 6 Million in new capital to execute their "business plan". Roth is not even remotely close.
And Roth can't "ship their way" of out this problem either. ASFX is now reduced to dealing with SHYLOCKs, who are taking all the Gross Profit from the current sales of inventory items, via loan costs.
You need proof - No one's BUYING, the PPS keeps falling and DILUTION is taking over. Its really pretty simple, the Company has NO Cash.
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