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seedseller

06/22/10 2:41 PM

#92361 RE: phloyd #92308

Yes, I do know about their quarterly and the cash burn rate. And yes, assuming no income or other changes, they are low on cash.

Your statement that they don't have money for day-to-day operations is based on that assumption. From the certainty of your statement, I thought you might have firmer information. However, I didn't assume; I asked. Obviously you don't.