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Sayahh’s Financial Statements For August 2011

Feld Thoughts

Now that Dick and Jane have added a CTO to SayAhh’s founding team, they’ve turned their full attention to working on their product. Since SayAhh is in the pre-launch development stage, the company doesn’t have any revenue yet. This resulted in an annualized burn rate more in the neighborhood of $55,200 ($4,600 * 12).