i am not still in, haven't been since it ran from .30s to .70s a long time ago. I do watch it. obviously it's not a trading stock, it would be a potential value investment / micro cap growth holding. I would suggest thoroughly reading the recent 10Q and perhaps waiting for the 10K which should be filed soon, as they have filed for a late 10K. 39,082,791 common shares outstanding as of April 17, 2008
Liabilities outweigh assets by only 500k, although they did lose 942k in the 3 months preceding Feb 29, that's less than previous quarters. Notes payable for stock and warrants are good for another 3 years with expense paid by investors in the .50s range include warrant strike @ .54 and .59.
3 fulltime employees and 3 contractors and we expect to grow gradually as needed. There has been a recent addition to the board of directors, see April press release.
Investor and Media Relations Contact: Marty Tullio McCloud Communications, LLC 949.553.9748 Email Contact
Company Contact: Scott Rose Ikona Gear International 604.523.5507 Email Contact
Revenues for six months prior to Feb 29 only about 2 million.
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