Ahalife - Time's up!

Raised US$25mm from VCs with First Mark being the main backer from inception.

Another US$15mm was raised via the backdoor public offering in Sydney.

USD 40mm has been plowed through by the newlywed couple so far, collecting $600,000 in salaries.
Not sure they will get their pay check for much longer...
The company only has six weeks left of cash.

Today AHA has a total value US$10mm, down 80% from the IPO

Interesting that First Mark had offloaded its entire position, and almost all of it yesterday at 11 cents!
Probably to avoid the limelight of what happens when the lights are turned off.

TechCrunch should pick this one up! See attached

http://www.businesswire.com/news/ho...fe.com-Raises-6-Million-Funding-DCM-FirstMark

http://www.newestfilings.com/27956-ahalife-holdings-llc