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Re: Snizzle post# 17832

Friday, 01/31/2014 2:15:19 PM

Friday, January 31, 2014 2:15:19 PM

Post# of 36237
My supposition was based on the last item of business of the shareholders meeting. As the company does not currently earn any revenue, funding for the accounting firm, lawyers in Costa Rica, an IR firm, securities advisor firm and everyday operations must be met. In the past management was providing funding with personal loans. With the increased activity and costs, I believe the needs for funds have increased substantially. I do not see selling stock into the market as a negative thing to accomplish funding the activities of the company. In any event, we should see some financial filings in the near term (the last being for the 2nd qtr. of 2013) and I would not be greatly surprised to see a change in the share structure with regard to the O/S and float. In the past costs have been significantly less and manageable without doing this. Again, just my opinion here.
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