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236T568

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236T568

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Sunday, 06/24/2018 8:30:19 PM

Sunday, June 24, 2018 8:30:19 PM

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CRYO Revenues DROP by 44% to only $240,583 for the 2nd quarter ending March 2018 compared to the same quarter the previous year.

and take a look why the revenues dropped so substantially:

"Results of Operations- Three Months

The Company’s revenue for the quarter ended March 31, 2018 decreased to $240,583 in Fiscal 2018 versus $429,671 in the same period of Fiscal 2017, a decrease of 44%, mainly as a result of the FDA letter received in early January 2018 requiring a cessation of some of our tissue processing revenues. "


https://www.sec.gov/Archives/edgar/data/1468679/000101905618000664/acryo_2q18.htm
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