Thursday, May 22, 2014 11:29:34 AM
Company is reporting assets, revenues, and a gross profit. Looks like costs absorbed all of the gross and left a deficit, there is some outstanding debt, and some shares were issued for capital.
Sales were up a bit for the 3 months compared to the 9 months, and expenses were down. This is a good trend line, especially if they can increase sales.
Appears as though the CEO has a salary in his contract, but has not taken any, or much of it. I don't see where outside of his initial stock award (9/01/11) that he has taken/received any add'l shares in lieu or addition to salary.
Will keep digesting it, but it looks like a decent report.
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