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NanoLogix, Inc. Message Board

  • omarhatesyou omarhatesyou Apr 30, 2013 6:41 AM Flag

    Where we are at

    As of 1 April 2013, the company has 122,679,679 shares outstanding of an authorized limit of 200,000,000 shares. Our current monthly operations costs are approximately $42,000. That amount includes the costs of NanoLogix-funded studies, other tests of our products by third parties, and new patent applications. NanoLogix is funded by a combination of revenue from increasing sales, loans to the company by its CEO, and a limited number of private placement stock sales, with investors providing funding in exchange for common stock restricted from market sale for one year from date of issuance.

    Hopefully in the near future it will read all monthly operations funded by Sales, and end the addition to the total share count !

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