I'm sure(hope) they'll give us a more thorough update than that. $60k in the bank at the end of June. Wow - so they really did need the cash desperately. $1mill debt facility - would be nice to know the basic terms of it. I'm assuming they are going to manufacture approx $750k worth of stock in the next couple of weeks and then sell the products and get paid and then manufacture more until they can raise more cash.
I'm sure(hope) they'll give us a more thorough update than that....
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