Saturday, July 21, 2012 8:55:20 PM
I've tried to do some research on the companies that TCA has dealt with in the past to see how they're doing and it's hard to draw a conclusion, some of the companies are private and others just secured the funding a few months ago.
With all the new additions to the board, the previous investments the consultants have made, and the rate at which muscle pharm is growing, I don't think this round of funding is going to be used to plug a cash flow shortfall, they're going to use it for improving margins or an advertising campaign...I hope. I really expect to see some great PRs this coming week about the funding, what it's going to be used for and Q2.
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