Replies to post #17297 on STL Marketing Group, Inc. (fka STLK)

[WallStreetSTTA]

It was in the recent fillings ,about 2weeks ago

[WallStreetSTTA]

Webber here the info u ask about.....
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92962239

We have operated on this type of budget for some time. We have tried to limit fund raising until the PPA, we have done this to protect dilution as much as possible. Many shareholders have asked us to not raise a dime, which is not possible, but we have minimized as much as we can. We know that the PPA is not under our control but do not anticipate it to be a long wait away. We believe we have large investors interested and prepared to fund once we have the PPA in place. In other words, funds and companies have shown interest, have undertaken due diligence, have received data and are willing to invest and have the funds to invest as have other large investors. These funds would be investing millions, so they need the PPA to engage but know of us and we have had meetings and discussions.

As previously disclosed, an IR program costs $40,000 for the first month and about $10,000 per month thereafter. We agree on the awareness, but at that price, it makes more sense to engage the IR after the PPA. Our planned IR cost is lower than most but long term. Many IR firms ask for $40-50k per instance based on our many conversations with IR firms.