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Biotech / Medical : Medical Industries Of America, MIOA
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To: insightful investor who wrote (130)5/2/1997 9:51:00 AM
From: William S. Noone   of 570
 
Thank you for your update. I agree that in the next 3 Q's the management, board, need to demonstrate that the new business plan will translate into more sales and profits. My question is how does management and the board plan to finance these expanded sales/business activities while continuing to make a profit? Can this growth be accomplished with projected expansion in sales revenue, or will they need to issue more stock or take on additonal debt to be in a position to expand the business.
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