The 2 following statements are exactly the
same in 2011 and 2010 annual reports:
The Company has not yet achieved the ability
to sustain its operations solely through its
sales and as a result we will need additional
funding to maintain and grow our operations.
Management anticipates achieving a
"cash-flow-positive" status in 2011.
Funding our operations has, and continues to be,
our biggest challenge. However, as our sales
grow and our products achieve greater exposure
in the industry, we anticipate that our ability
to raise funds based on our achievements will
become easier.
This is also from 2011 annual report:
Although the Company expects to generate increased
revenues in 2012, due to sales of its wireless
terminals and gateway transaction revenue, the
Company expects to continue to incur losses at
least through the first half of 2012, and there
can be no assurance that the Company will achieve
or maintain profitability in the successive periods,
or generate increased revenue or sustain
future growth.
RedFins Don't Need No Stinking Time Frame,
We Are Lifetime Investors!
