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Re: None

Thursday, 08/14/2008 10:24:40 PM

Thursday, August 14, 2008 10:24:40 PM

Post# of 190
GRDB reports earnings

http://sec.gov/Archives/edgar/data/1160217/000101376208001094/form10q.htm

Revenue went from 0 last quarter to $979,000 this quarter. Its an improvement to say the least. Also, I think the next quarter should be way bigger. If you look at the Network Activity on www.celtrek.com (subsidiary) there are more than 50,000 people using their network as of this moment. Since you have to spend at least $79 to be using the network, that would be almost $4 Million in sales. These are people using the network at any given moment, so i'm sure that sales will be a lot higher than that. $979,000 considering the product wasn't on the market for a lot of the quarter is nothing to be complaining about. This is a great start, and things will speed up very quickly here in my opinion. They've got a great product and a great alternative to roaming charges and this is only the beginning. We are still very over sold


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