I am sure that "ongoing costs" could not possibly include supporting JB getting $50,000 a month any longer. So that in itself would reduce the need for more 504 share sells!
"The management and board are committed to delivering strong revenue growth, and the interest in MedifyRemote and the rapidly expanding sales pipeline support this commitment. Obviously there are ongoing costs associated with the continuing operation of the company and these must be supported. It is our hope that incoming revenues will fully support this activity at the earliest possible opportunity."
Furthermore, first quarter 2007 will be the time when either we see castles or the poorhouse.No more carrot dangling promises that "revenues are coming" after that!!!
Mickie Dee's was never my thing.I am more the lobster-filet mignon type guy personally, so if we don't see real revenues by then, I am H-I-S-T-O-R-Y!!!!!!