InvestorsHub Logo
Followers 1
Posts 27
Boards Moderated 0
Alias Born 07/24/2006

Re: trueblueballz post# 70

Wednesday, 11/22/2006 4:45:25 PM

Wednesday, November 22, 2006 4:45:25 PM

Post# of 222
11/22/2006 Quarterly period ended September 30, 2006 - FINANCIAL INFORMATION
We have determined that we are no longer a “development stage company”
For the three month period ended September 30, 2006, our revenues from such operations were $209,693.
The Company believes that revenues will increase significantly in the second quarter of fiscal year 2007”, and for the remainder of the fiscal year, for the following reasons: (a) the walk-in clinics continue to mature; (b) on October 1, 2006, we initiated new billing and collection policies for PDS Imaging, which have increased collections; and (c) sales of the Company’s STATPATCH TM Holter Monitor began during the second quarter of fiscal 2007.
The Company believes that the foregoing will result in significantly increased revenue recognition going forward.”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.