The Medipattern Corporation V.MKI

RE: Monthly scan counts

[Razorius]

Thats the dilemma right now:  Have scan counts picked up enough during Nov/Dec or are we gonna need more financing?

 I like the part about freezing salaries but the not the possibility of more financing...

Subsequent to September 30, 2012

• The Company initiated significant cost reduction initiatives to minimize monthly cash expenses and allow available financial resources to focus specifically on revenue generation. Included in these cash containment measures is senior management's (including its NEO's) agreement to receive no or reduced salaries until sufficient new liquidity is achieved through either new capital financing or enhanced revenue generation.