Quad M Solutions Inc (MMMM)

[Marty Byrd]

I expected higher revenue (around 7M) this past quarter rather than a revenue decline. How can you lose customers that fast? The revenue line is referred to in the 10Q as totally related to insurance revenue and nothing else. Also, insurance expense should be part of cost of goods sold. Where's the 20% margin that is expected?

Also their acquisition has not grown its revenues over time even with a sales force. Something isn't right about them. They have about 20 cents operating margin but what's the total profitability/loss.