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Alias Born | 09/22/2009 |
Wednesday, December 07, 2011 11:45:43 AM
"Management estimates that it will need $3,000,000 over the next twelve months to fund all of the Company’s current product development and marketing projects, including $1,000,000 to fund marketing programs for the VeraTemp thermometers."
In order to raise $3,000,000, ASFX would have to sell, at the current PPS, 300,000,000 Million shares. Or 10 TIMES the current "Outstanding Share" level.
Massive dilution is required, and to suggest otherwise, is simple and complete FRAUD. The Uplisting, was the vehicle to raise these funds. And that was a TOTAL FAILURE.
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