CBQ, Inc. (China Business Quotient) (fka CBQI)

[Bixmann]

CBQI revs decline by 27% (down by $ 1,377,337.00) to a humble $3,712,859 compared to the same six month time period a year ago.

In spite of aggressive mergers and acquisitions in early 2001; Networkland, Technet, and Easysoft failed to contribute enough revenue to avert continued declines.

If current declines continue at this rate(50% in 1st Q and 27% in 2nd Q) we are looking at revenues that will experience an additional 21% reduction by the end of 2001.

Using current 6 month revs as a base. CBQI is on target to generate $ 2,933,159 in additional revs ($6,646,018 total) by the end of 2001. That is 24% of the ARRR Gary and Da were boasting about just 100 days ago.

Is the glass half full? or half empty? While many on this thread will deceive you into believing that this company is getting healthier by the day, the results documented on the Q remain poor. I for one, am not at all surprised. Investing in CBQI exceeds my RISK tolerance. There is nothing here now that will not be here 3 months.

Good Luck to you all.

Bix