Saturday, September 20, 2014 9:00:22 AM
Here are a few highlights.
1. Revenue is actually slowly being collected but they still have over $2,700,000 in receivables. I've been waiting to see what is happening with the revenue. At least now we know some is realized according to these unaudited filings.
2. There are still two mystery clients. I do not understand why McHenry will not give more detail about the clients.
3. TORQ acquisition is still not completed. I do not understand why one person keeps saying that the deal is done and the shares are "being picked up" when the filings state otherwise. No further details given regarding when the "IP value" of TORQ will be determined.
4. There are new offices listed in the filing. An operations and logistics and data center offices.
5. 4.9 million in reported revenues for the fiscal year......4% profit margin.
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