Replies to post #2819 on Skins Inc.(fka SKNNQ)

[Toxic Avenger]

That seems very unlikely to me. They incurred SG&A costs of over $1 million last quarter and current liabilities almost doubled to $2.8 million.
If I were a shareholder, I'd like to see a cash infusion that came either from normal (non-convertible) debt and/or equity at a modest discount (or better, none) to the current fixed price and/or warrants/options at a strike price above the current PPS.
It's hard to produce and sell anything without at least modest amounts of cash available. I give management a lot of credit for effort (though if they company ultimately fails, they will take the largest financial hit, both in stock and compensation), but being in this financial position is hard in any economy, but in this one, it may be simply impossible.
All MHO.