Saturday, July 30, 2016 3:04:59 PM
Total current liabilities $9,846,900 3m march2016 $13,570,808 3m march 2015
This went down by 3 million so good thats also good.
Revenue $82,709 3m march 2016 3m march 2015 $68,661
The rev also went up also good news.
Net income! 2016 $4,900,831 vs 2015 $ 451,299
Fees related to litigation settlement $4,187,257
Professional fees $389,715 2016 $129,601 2015
This is the only thing that went up. But this is because they need many good lawyers and accountants to make sure they win the Complaint for patent infringement.
Other then that. it sucks if you were in the stock when they did r/s they obv had low rev and huge debts back then. Now in 2016 things are looking very positive. the product itself is becoming more popular and they are on the shelves of big stores.
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