Fusion Pharm, Inc. (FSPM)

[Mirk_Water]

FusionPharm. The numbers add up to $$$$$$$:

1) YOY Rev increases: 2012 = $308,398, 2013 = $594,397.

2) 2014:
$441,553 Additional revs on completion of the 30 pharm pods.
$270,000 2nd Canadian order shipment
=$711,553 Revs for 2014 so far.

3) +$340 cash EOY 2012, EOY 2013 > +$216,000.
4) $1,010,000 equity from sale of 681,667 Restricted Common Shares
5) 8,019,191 O/S Low for penny land.
6) Net loss EOY 2012 = 234,784 Net loss EOY 2013 = 42,080. The decrease in net loss in is line with increase in company growth/revenues.

Revenues:

Revenue is recognized on the sale our PharmPods when the product is delivered, risk and collection of the sale proceeds is reasonably assured. In connection with each sale we generally require a 50% deposit at the time of order and the balance at delivery.

Bottom line is FSPM's pharm pods are only being built when orders are taken for them and more are being built each year.