Fuse Science Inc (DROP)

[Tontis_Acheater]

The Fuse Science bank account is overdrawn.


As June 30, 2013, we had a working deficit of $(17,803). The overdraw is primarily attributable to the Company buying additional inventory on credit as well as issuing notes in the amount of $181,000 during the period.

Our primary source of operating cash has been through private placements of our securities, principally convertible notes and warrants and the subsequent exercise of certain of those warrants.