Replies to post #7400 on Urban Barns Foods Inc. (URBF)

[tradeguru15]

It seems they want to start expanding rapidly into 2016. What interested me was the paragraph below taken straight from the 10-q that lays out exactly what needs to be achieved for the company to meet their aggressive goals

Based on its planned expenditures, the Company will require additional funds of at least $1,600,000 to proceed with its business plan over the next 12 months. If it is not able to obtain additional financing on a timely basis, the Company will be unable to conduct its operations as planned, and will not be able to meet its obligations as they become due. In such event, the Company will be forced to delay its growing capacity expansion, scale down or perhaps even cease its operations.

[DDR]

Welcome to the board TJ. Did you mean Nov '15 to Oct '16 for expected revenue? I haven't calculated that out but it would be great if the new machines could be up and running soon to increase that revenue quickly.