GREY:FASDF - Post by User
Comment by
rugulator1on Jan 09, 2016 2:13am
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Post# 24442711
RE:They do need financing!
RE:They do need financing!We shall see shortly in the upcoming financials how much cash is left of the recent financing on the balance sheet and a more accurate on going cash burn rate.
FAS needs cash no matter how you look at it.
Strange that the Nov 23 RTO Acquirer Financials werent even audited. Nor is there a Cash Flow statement. Lil confused.
Burned through over 700k in 2 quarters on marketing and promotion at this stage of the company.
If they want market share they will need to spend a ton more than that.
Id like to know where that 5.5 million rev projection number comes from. FAS did 300k in first 2 quarters of 2015(unaudited)..and DTS did 34k last quarter... help me understand this growth projection.