Thanks! The company needs to answer the following six questions so that thoughtful potential investors like you can make rational decisions as to whether to jump in: 1. What level of sales must be reached for the company to become profitable? 2. How is executive compensation determined? 3. What do you do to mitigate internal control risks when there aren't enough people to go around who could create proper segregation of duties? 4. How much would it actually cost to retain some outside directors? 5. How is the company going about trying to evolve from a short-term debt capital structure to one having more equity and long-term debt? 6. To what extent is the company stretching out the accounts payable cycle in order to float working capital?
As regards the unkind words that some folks on this board occasionally toss at each other (always because the other person has somehow come to deserve it), it's fascinating to see how even the most delightful people can put away their good manners for a few moments when given the dubious gift of anonymity via alias. When being on the receiving side, it actually does help to adopt the mind-set that there is a grain of truth in every insult.