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Re: greedysmurf post# 68746

Thursday, 12/11/2014 2:22:27 PM

Thursday, December 11, 2014 2:22:27 PM

Post# of 75794
I do not like the numbers either. If the figures are right then it looks like they really just get a very small commission on every compression sleeve they sell.

The Company recorded its first revenues under the new business plan in the previous quarterly period. On February 2,
2014 the company received a purchase order for 34,000 units of its knee/elbow compression sleeves using a copperinfused
fabric and has since fulfilled this order. The value of this initial order was approximately $18,000. Subsequently, on February 12, 2014 the Company received a follow-on order for an additional 600,000 units valued at approximately 94,000 and on April 16, 2014 we received an additional order for 800,000 units. The approximate value of these orders is expected to be in excess of $200,000.


https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=130622

Bottom of page 11 & top of page 12

34,000 X .53 = $18,020

600,000 X .16 = $96,000

800,000 X .25 = $200,000

Just hope to see these numbers on the next company financials as it may not have been received for this Quarterly.

Still seems like very small numbers for this size of stated sales by the company.

All in my opinion as I could be way off but not impressed with the seemingly deceiving PR's.
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