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Re: MerthyrQ post# 23975

Saturday, 10/03/2015 11:40:12 PM

Saturday, October 03, 2015 11:40:12 PM

Post# of 28677
Thoughts from the August 2015 Bourque Financials.

Not much new, however some anecdotal insights ......

- They filed financials on time , in fact early. This may indicate a concerted effort to meet the requirements for OTC chill removal or just more effort at attempting corporate transparency for shareholders.

This has not occurred for several years. A marked positive event , regardless of the weakness of the info within.

- There's $22,000 of new capitalized Patent Expense indicated. This would infer that patent work was done during this period , or at a minimum , bills paid related to patents. A sign of activity, and another positive I would think

-Cash position improved a little. Insignificant IMO.

Additional baby steps, but steps nonetheless