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Friday, August 15, 2003 2:12:08 PM
Do you suppose Luchese was concerned about losing money and the management shares when he put $160K into the company?
IMO, we haven't seen the good stuff yet, but we do have a company with $400K in the bank and rapidly increasing revenues. Quite an improvement in my eyes.
I would also point out that as opposed to the first quarter results which were disappointing on the heels of a PR that stated $215K in revs versus $75K actual, this time Tony low balled the Wall Street Journal. In the article he said they try to keep $200K in the bank - actual $401K. He said $150K in revs - actual $255
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