Regarding the LOC you referenced: One NR that he listed and I DID recognize, however, was the 6/3/11 announcement about the $7.2M Line of Credit. I also remember all the positive "buzz" here on this board from so many who spoke as if the pieces were all finally in place.

Amidst all the recent references to SFMI's need for financing and additional capital, my question at this point in time is this: WHAT HAPPENED TO ALL THAT MONEY??? Have we forgotten about that? Has it already all been used up? Someone with knowledge about this please fill us in. Thanks.

A. The sp is too low for the LOC to be used. It is meant for higher prices. They could take shares a penny below the current sp and immediately sell a penny higher for a 25% gain. At 20 cents, a 1 cent difference is only a 5% gain.