Fuse Science Inc (DROP)

[Chag]

This was your very first post on this board 11/8/2013. 60 days is not far away. Just wanted you to remember what was said and predicted to happen to Fuse. Happy New Years! 2014 will be Great for us Fuse investors!

Hate to burst the bulls bubble but this was a debtor in possession loan. A $700K investment due in 60 days secured by essentially all Fuse Science assets. This is how bankrupt companies who are running out of cash access operating capital and transfer assets to a third party.

Simple financials show Fuse is losing more than $10 for every $1 in revenue. In simple terms, Fuse is losing $1.2 in cash every month on $100K in revenue. Balance sheet shows $300k as of last quarter so you see Fuse was out of cash.

This is horrible news for existing shareholders and just a signal that Fuse assets are heading out the door within 60 days. If the $700K note + interest is not paid back in full in 60 days, the investors are entitled to foreclose on essentially all Fuse Science assets. Game over for equity holders.