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Re: Stratey post# 57676

Tuesday, 04/03/2007 8:11:08 PM

Tuesday, April 03, 2007 8:11:08 PM

Post# of 92056
They are a start-up company not a company that has been rolling for 10 years now. 2 products in development which would lead to the ability to still be able to capitalize research and development expenses correctly and appropriately. You act like the 3.1 million revised is something new. It was made evident by the new CEO that the previous CEO (Frank Moody) was inappropriately recording this on the books. Fred Wicks (current CEO) took the iniative to get this corrected without an auditing firm coming in and telling him to do this. Sign of a change for the better if you ask me. Thanks for the input though. This is just my side of what I see.

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