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rikshot

06/25/16 12:22 AM

#43465 RE: Parapraxis #43463

From the 10-Q of 1/4 period ending 3-31-16----(470,667){loss}----Cash on hand 1,086,363. At this rate---will be out of Cash$ in 2 quarters. Pending contracts for + $, and -$ for new engineer hires,etc, it looks "tight"----Uplisting from OTCQB to OTCQX or higher could cost up to $250,000 for accounting & legal & mic'l fees. They need to have the higher financial & disclosure standards. I don't see how a R/S can generate any revenue----excepting that the s/p looks better for qualifications of borrowing. U tell me how a R/S is a financing tool, other than what I mentioned----Here's the URL for the 10-Q 3-31-16

http://ih.advfn.com/p.php?pid=nmona&article=71460852