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JFBroderick

10/22/18 12:26 PM

#24258 RE: GaiusGracchus #24257

Seems like they really need the $2,000,000. Wondering what the bottleneck is?

Months 1 to 3

The anticipated activities undertaken during months 1 to 3 upon effectiveness of this registration statement assume that we will receive $2,000,000 in proceeds from Discover, and subsequently will be able to raise additional capital through other means such as equity transactions. If we are not able to raise sufficient capital, we will not be able to close our planned acquisition or to scale our business development accordingly. There can be no assurance that we will receive the $2,000,000 or any funds at all, to implement our business plan.

·during the first three months, we plan to:
·complete the planned acquisition of Service 800 along with the audit of their financials;
·build out stage one of our executive team;
·engage an investor relation company, and relaunch our corporate website.