They have $1.2 million cash as of January 14thSo the previous private placement they announced the first tranche for 10cent warrants closed with over $1.2 million raised.
Also if you are going to the special meeting vote no on the stock consolidation that is on the table the SP is high now and going up so we shouldn't need to do that anymore.
Don't be surprise to see some preliminary revenue numbers at the meeting for the quarter ending January 31 2011 since that is the next quarter and if they want to keep things rolling and the revenue looks higher that is a good number to talk about.
Yes I am a bagholder but know that technology does not always follow logic but follows users. Give me a Monday report with new record numbers and more users then I can see there is growth.