InvestorsHub Logo
icon url

pensionrecovery

10/14/13 10:58 AM

#14641 RE: Optimistic Trader #14632

IN my opinion, Totally ABSURD!
icon url

lazyeye

10/14/13 12:17 PM

#14658 RE: Optimistic Trader #14632

From the latest DEF 14C filing:

At the present time, our monthly cash expenditure burn rate is approximately $110,000 per month.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9501168

That's a lot of money. They can't do it obviously with what they are doing businesswise. Not enough sales, revenue, cash and buyers and too much debt. So what can they do? Sell shares. Not enough buyers and too many shares for sale? Drop.