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protouch

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protouch

Re: hitechwatcher post# 341

Monday, 05/19/2008 8:16:20 AM

Monday, May 19, 2008 8:16:20 AM

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He's back......and it appears so is ED CHEN. Just another thing you've gotten wrong.

I can read the filings myself, and I read most of those losses are attributable to stock based issuances, not operating. I also read that BMRX has $500,000 of new business on their books because of new orders they received after delivery of their first batch of products to Home Depot, and I also read in an 8K that Master Lock increased its agreement from 1 to 9 new products.

They also just raised $800,000, and based on what I read in the filings, they only spent $112,000 for operations in the 1st quarter.
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