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SeQuin Hospital Bed Corporation <br /> • Page 7 <br /> Financial: <br /> Uses of Funds <br /> Phase I <br /> Final Protyping/Patenting $ 500,000 <br /> • <br /> Phase II <br /> Production Equipment $ 350,000 <br />• <br /> Working Capital 650.000 <br /> Total Uses of Funds $ 1,500,000 <br /> The Company will be providing equity towards the project. <br />