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Re: MrT11 post# 191

Thursday, 03/17/2016 2:07:54 PM

Thursday, March 17, 2016 2:07:54 PM

Post# of 216
Thats what it sounds like to me. They are trying to cut everywhere they can at this point. The Q wasnt too bad, less rev but loss was very small....close to break-even. If reporting costs are 10% of 400k revenue, then yearly expenses must be @ 150k-160k to stay on the OTCQB. Until they get back on terra firma, maybe it does make sense to trade on the pinks and use that savings on other things, like payroll or marketing. As an investor, im not a fan of lack of transparency. As far as signing up new customers, maybe less transparency is better for business. I wish B Scada would sign a large contract or two before this becomes necessary. Its been frustrating holding this stock as long as i have, from 20 to 70 to under 20 cents. That loss of oil revenue killed our momentum. So much promise here but we keep hitting snags.