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mr_sano

04/06/10 3:50 PM

#12963 RE: prussian4profit #12940

I notice the missing overpayment to Dean was completely purged from the report. He must have given the money back. Thats actually a good thing. I applaud him for that.

My view of this company hasn't changed and I don't get what post{s} you are referring too. Show me? They are burning cash at an accelerated rate. They even admit it in the 10K. Cash position was around 630K as of 12/31/09 @ 160K neg cash flow/ month they have approx 150K operating cash plus 200K in A/R. I would say the equipment deposits wash the A/R so whats to discuss? They need another 2 million to finance the company until the end of the year. Do you disagree.. show me...don't just throw out vague responses or the standby "we will get bought out in 60 days" IMHO If it happens it could take up to a year or 2. Still a good thing but way off the round the corner mark.

Also since you bring you vast knowledge of the 510K process why did the (the morning text edition)report detail in such depth the PMA process. That's a bit unsettling.