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Sunday, September 23, 2018 1:12:58 PM
From the PR:
“However, we do anticipate a reduction in SHORT term revenue during the transition period.”
He’s just getting out in front of the financials.
The 2q 2018 revenue is expected to be less than the 4 million that we saw during 1q 2018. This is due to strategic over-head reduction efforts.
Being proactive is a sign of a well run company. Many companies are reactive. Now investors know why the 2nd quarter revenue will be less than 1st quarter.
They have 3rd and 4th quarter to make up the revenue.
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