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Re: locksflooring post# 100110

Wednesday, 08/24/2016 8:24:15 PM

Wednesday, August 24, 2016 8:24:15 PM

Post# of 105534
Yep, We knew a while back about the drop in Revenue coming. Now the question is: are they going out and getting more business that will have a significant impact on the revenues. For now as long as we do not have anymore dilution and the revenue is sufficient to pay the ongoing bills and pay off the big bill, time will be on our side. I like that the company is still going and not diluting for quite some time now.

New Enrollment Processing Fees were $.11 million plus Recurring storage revenues increased approximately 3.7% to $0.68 million for a total of $.79 million times 4 equals $3.16 million annually at this rate of revenue generation.

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