Saturday, December 21, 2013 4:31:10 PM
PLENTY OF CASH??? Please explain.
The Company needs millions and they can't even get a credit card without posting cash security. They have over $1MM in short term liabilities and less than $100,000 in available short term assets as of the last 10-Q with an even smaller amount that is liquid.
If the company has raised additional funds it is certainly not public knowledge at this point. Nor are any other "partnerships/collaborations/clients" or whatever other name for a contractor that could be used.
The next quarterly report is going to be VERY DISAPPOINTING to all who are anticipating anything different than what they have seen for the past 5 years!
The Company needs millions and they can't even get a credit card without posting cash security. They have over $1MM in short term liabilities and less than $100,000 in available short term assets as of the last 10-Q with an even smaller amount that is liquid.
If the company has raised additional funds it is certainly not public knowledge at this point. Nor are any other "partnerships/collaborations/clients" or whatever other name for a contractor that could be used.
The next quarterly report is going to be VERY DISAPPOINTING to all who are anticipating anything different than what they have seen for the past 5 years!
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