ADM Tronics Unlimited, Inc (ADMT)

[bb72mo]

I emailed Andre yesterday and this was his response.


In the release there was the description of using resources towards the Vet-Sonotron development. With the delays we had from the supply chain problems we experienced, the strategy was to make a strong push to get the technology into production. That diverted resources away from customer projects and production - resulting in reduced revenues. We are not pleased with the reduced revenues, but we want to get our own device completed and commercialized to have the company realize the significantly higher margins than we can achieve from contract manufacturing of customer products.

So, I know it is very disappointing to have these numbers, but I am hopeful and firmly believe our strategy is best for the growth and profitability of the company.

Thanks.

Kind regards,

Andre’