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Re: adeezl post# 2015

Sunday, 07/21/2013 5:22:25 PM

Sunday, July 21, 2013 5:22:25 PM

Post# of 2797

They make too much money to be valued here sub $3 in my opinion.



They are currently BURNING $6 to $7 million a quarter and will need get more financing from the market to remain a going concern. That is directly from the company's press release on the issue:

Cash flow improved as we reduced our quarterly cash usage to approximately $6 million in the quarter. Cash ended the quarter between $6 and $7 million with total debt outstanding of $10 million. The company expects that it will require access to additional capital which it is currently in the process of securing.



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