Those are some super statements your making... Where was this employee working? In the lab or front office. Did you get to see the lab? Manufacturing equipment?
Looking at the 6/30 financials, your claims of activity would be immpossible. So we have to assume all this hiring and assembly must have happend the past six months. I Howard can only give us some financials, even unaudited ones that would be in sync with this report.
But yes, that's a great story, colleges looking for quick hangover relief. I'm sure I'd asking my father for samples of Aquaparin to quell my hangovers. Should you be studying, lol...