Nelly Shishkova

Jammin Java Corp. (OTC:JAMN) Is Back on Track

by Nelly Shishkova September 26, 2011

Jammin_Java.jpgThe company managed to generate some revenue, however, expenses were much higher as well as the net loss had substantially increased. Also, the financial report contains numerous risk factors that can influence the business of JAMN.

Still, Jammin anticipates using the funds received from Straight Path to meet its capital needs for the remainder of fiscal 2012 and to support its operations with any additional financing in future. However, a failure to obtain financing could have a substantially adverse effect on the company's business and financial results.

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