Thursday, August 14, 2014 12:47:03 PM
This part of the Q2 report is very concerning to me:
Revenues
Currently we are in our development stage and have recorded $12,100 of revenue for the three months ended June 30, 2014 compared to $195,595 of revenue for the three months ended June 30, 2013, a decrease of $183,495 or 93.81%.
Also, not a word about any patents! This is what this company is supposed to be thriving off of. In past videos, dated several years back, they expected 30-40 patents in only a few years time. So far, not a 1 has been patented.
However, I do like the merger news still and the fact they havent diluted much and have a very low float.
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