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Re: Hugodrax post# 22470

Thursday, 04/16/2015 12:23:27 PM

Thursday, April 16, 2015 12:23:27 PM

Post# of 48153
Try to read the filed Open Letter to Shareholders (Feb 17th) which provided the clearest update you can possibly want:

"As a result of our commitment to operational efficiency, we worked with Overland management, prior to the completion of our acquisition, to ensure that their targeted US$20 million in annualized operating expense reductions were not only met, but were 15% (US$3 million) ahead of expectations. Our annualized revenue run rate has grown from less than US$4 million in Q1 2014 to over US$36 million in Q4 2014, and we have set our goal for an annualized run rate of over US$160 million in Q4 2015."

Haters, are gonna hate. wink
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