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ryall12

02/12/10 8:46 PM

#20162 RE: davidam #20158

yes that is there and that type of financing does not need to include stock offering. steve is committed to building shareholder value, not diluting it.
also that note you speak of is only an issue until the projected revenues of 10mil start to come rolling in. and that 10m is just for the manufacturing side. soon the prepaid card sales will come in.

in fact they may not even need the financing as that is a common statement put on most statements as a cover all. lets see the 1q statement that will show a much better picture as more than half of last year had no revenues at all and many expenditures to build out infrastructure and hire employees