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fellowshort1

08/13/13 7:43 PM

#57800 RE: Hamham1 #57799

My guess is one of two things:

1: protect against additional equity deficit to ensure up list.

2: need to finance unexpected surge in orders. (They do not currently have a strong enough balance sheet to sustain massive revenue growth.)
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sags

08/14/13 5:03 AM

#57815 RE: Hamham1 #57799

no one said things were going well. but even if they are profitable by a million this quarter, they are still going to need money for the arnold series as well as advertising for fitmiss. plus u have to take into account all the fees to uplist.