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Post# of 326354
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Poptech

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Poptech

Re: Deep Space post# 283949

Tuesday, 02/05/2013 10:10:21 AM

Tuesday, February 05, 2013 10:10:21 AM

Post# of 326354
Deep: Note the September date in the PR ("funding since September 2012"). Now note these dates:

Notice to Shareholders, October 17, 2012
We have been asked a lot recently about funding. The Company last received Convertible Debenture based financing from Yorkville Advisors in late July 2012. As we have previously stated, the Company’s objective is to move towards cash self-sufficiency as rapidly as possible through cost reduction and enhanced IP licensing revenue. It remains the objective of the Company to reach this milestone.

Promissory notes are not "funding."

“It ain’t so much the things we don’t know that get us into trouble. It’s the things we know that just ain’t so.” Henry Wheeler Shaw

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