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Re: None

Thursday, 04/12/2012 4:03:43 PM

Thursday, April 12, 2012 4:03:43 PM

Post# of 9501
Chairman of the Audit Committee?

They have not replaced the last CFO and are according to JS in dispute with him regarding money owed for services provided.I think you are thinking of a company with a proper hierarchical structure, this is certainly not that company.

Remember they were going to do a lot of hiring to facilitate sales, production and fulfillment holes in their human resource department this quarter. I suspect they would also need to replace the CFO, this of course will add to the burn rate and my concern as posted earlier is how do you pay for that burn rate?
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