IZON Network Inc. (IZNN)

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Here's my take

The revenues for the last fiscal quarter were $62,000. If there were an average of 80 courses operating during that quarter it averages out to $2,000 in revenue per course for 3 months. Or roughly $680 per month per course.

Looking at it from another angle. There was a lot of funds earmarked for executives that were hired to produce sales and revenues. The revenues for the entire quarter were about 35%-40% short of paying the salaries for the two highest paid people in that department. Let alone Loustalot's salary. Too many high priced suits, too little in sales to justify the existence of senior staff.

Something had to give.