InvestorsHub Logo

lowman

04/09/12 11:54 AM

#299 RE: BigBake1 #298

It's funny how they're all rookies with stars (moon?) in their eyes.

Any hope of reasonable equity funding is history, and any non-equity funding is going to be so astronomical, it won't even leave any growth profits afterwards. Whatever 'profits' exist after paying for funding will all go towards operations.

IMO, RFMK has well established they're competencies (or lack thereof) with the unaccounted $5.3M 2 yr budget with nothing to show for it. Toss in the easy 100M shares Mike earned for doing nothing substantial, and the story is told.

You'd think with that 100M that was dumped back in Feb, they'd atleast have $100K-$200K working capital for a sizable first order. Not.