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Re: 24K post# 69017

Friday, 08/21/2015 1:02:45 PM

Friday, August 21, 2015 1:02:45 PM

Post# of 132364
Not really Bud, fixed assets were up again as more dental equipment was purchased. I know that it was only about 60k but this equipment is now a fixed asset meaning paid for and owned.

So every quarter we won't be billed 60k right off the top meaning future quarterlies won't have this burden and the 60k in revenue that was used will now become profit as the equipment is billed out.

Danos is doing it right and setting this up for success. He actually did better than I expected for the first quarter ever reported under the new arrangement and ticker SPRV.

It's all got to start somewhere Bud.

SPRV is the place for me. wink

Grace