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neophyte184

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neophyte184

Re: None

Friday, 08/31/2012 8:10:18 AM

Friday, August 31, 2012 8:10:18 AM

Post# of 37220
From the Q:

"As of June 30, 2012, we had cash and cash equivalents of $434,885 and working capital of $422,660. We believe that our cash on hand and working capital will be sufficient to meet our anticipated cash requirements through the next 12 months and we have no short term plans to raise additional funds. We are currently focused on developing a prototype process for our technology. As we proceed to commercialize our product, we may seek additional debt or equity financing to assist with manufacturing and distribution."

Remember people to only play with the money your wife/husband/significant other/imaginary friend won't disembowel you for should you lose everything if your stock goes the way of the dodo!

JMHO!

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