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OxySure Systems, Inc. Message Board

  • jim1518 jim1518 Nov 22, 2013 6:45 PM Flag

    HOW SERIOUS IS THIS

    This comes direct from there latest 10q

    [quote]
    '"the three months ended September 30, 2013 we issued 340,000 shares of common stock valued at approximately $170,000 pursuant to common stock subscribed but not issued in a prior period, and $164,040 in cash for common stock subscribed. We estimate that we will require approximately $2.57 million over the next 12 months to remain viable."

    OXYS is in serious financial trouble and could possibly have to sell another 5 million shares that is required to remain viable.

    It is not the product----It is the management

 
OXYS
0.80+0.02(+2.56%)Jul 31 12:19 PMEDT

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