Also, keep in mind that this is a serious plan of execution. Between the S1 filing - and accompanying legal and accounting fees, as well as the opening of the GCC Superstore, the cost to UNGS has probably exceeded $100,000.00
The big share sale at the beginning of the year was probably necessary to raise this kind of capital. Hopefully, the financials will clear this question up once and for all. I agree with everyone about the plan to create spin out companies. All of the legal and accounting fees to be paid out of income, etc. These are not cheap or easy endeavors. Go UNGS !!!