What some of the raised money will be used for:
Post# of 32640
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To repay certain promissory notes issued in favor of Bellridge Capital, LP in the aggregate principal amount of $2,000,000;
● To fund the ongoing costs associated with the integration of our software with the Salesforce.com, Inc. platform
● To fund the ongoing costs associated with the integration of our software with Microsoft Outlook, Microsoft Dynamics, and the Microsoft Office 365 platform, among other ongoing initiatives with Microsoft Corporation;
● To fund the ongoing costs associated with the integration of our software with the Odoo platform;
● To fund our ongoing development costs associated with the adaption of our TaggMED product for certain clinical trial initiatives;
● To fund our ongoing development costs associated with the development and adaptation of our TaggLIVE for Facebook Live and Instagram users; and
● To fund our general corporate working capital needs, including the costs of additional staff to facilitate the foregoing initiatives.