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Re: None

Monday, 07/22/2013 7:49:57 PM

Monday, July 22, 2013 7:49:57 PM

Post# of 183585
Cash Flow POSITIVE within 6 months!!!

That is where we are heading, cash flow positive by end of year or sooner!!! That is a 25 X increase in monthly marketing initiatives, we will see some real numbers now!

10Q
Management’s plans include:

1. Seek to spend $25,000 each month on marketing initiatives, with the goal of generating sufficient revenues to be operating at positive cash flow within six months.

The Company has instituted a plan of salary deferrals and has signed an agreement with a lender to provide the Company with cash to cover its monthly operating cash-flow shortfall and marketing money for the next six months.

The Company has only expended approximately $1,000 a month on direct marketing efforts in fiscal 2013. Management believes that the additional advertising expenditures to promote the Company’s mobile VoIP app will bring additional subscribers and will result in a significant increase in revenues to the Company.