Fuse Science Inc (DROP)

[Tontis_Acheater]

How convenient that all the detractors do not provide any specifics about the losses.

"We've cut losses" means nothing when aligned with the most recent Fuse Science filed financials that very specifically show the company has filed the following:

Fiscal Q3 revenue $322,390 divided by 90 days = $3,582.11 a day in revenue

Fiscal Q3 net loss ($3,637,039) divided by 90 days =( $40,411.54) a day in losses

Fiscal Q3 Cash on hand $380,215

Accumulated deficit to date ($32,058,829)

Take a look for yourselves > http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9462860-1173-105917&type=sect&dcn=0001144204-13-046325


Fuse added several warnings in the 10-K regarding the fact they have an ongoing concern issue and are having a terrible time trying to raise much needed cash to offset the ongoing losses.

The $700K 60 day note that is collateralized by 100% of Fuse Science assets attests to the severe desperation associated to the the above cited losses.