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letskeepitreal

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letskeepitreal

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Friday, 07/25/2008 10:52:08 PM

Friday, July 25, 2008 10:52:08 PM

Post# of 520
From today's press release regarding their fiscal year 2008 results....very disturbing:

Following the audit of the 2008 annual financial statements, DIAGNOS proceeded to restate the 2008 third quarter results...

Also why no mention of their Q4 results in this release? Had to dust off my calculator for this one, in subtracting their previously reported Q1 and Q2 results and the restated Q3 results reported in today's release I come up with the following for Q4:

Revenue $584K vs. $743K in Q3
Net loss ($234K) vs. income of +$39K in Q3

Not exactly a banner quarter for ADK...






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