Other things ...
See where they talk about the MVF deal:
Private Fund – In a press release dated October 2, 2013, the Company disclosed (among other things) that
Medbridge Venture Fund, LLC (“MVF”) intends to make a cash investment in the Company - $2,015,000 will
come from MVF directly based on a July 13, 2013 term sheet with MVF.
So, have they actually invested? It says MVF "intends to make a cash investment" ...
Also: The PR spoke of a $2.235M investment from MVF, but clearly that was inaccurate. MVF "intends to" invest $2.015M, with the remaining $220K coming from DMBM, over a long period, as noted previously.