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Re: Chickadee post# 329

Friday, 08/14/2009 12:40:38 PM

Friday, August 14, 2009 12:40:38 PM

Post# of 1826
I posted on DDSS... should be NEPH's Quarterly:

Quarterly earnings are due soon. We should get very promising news, that will likely give our PPS another boost. Then there's the DOD contract and FDA approvals. Hopefully, NEPH can exceed $3-$5 plus consistently and get themselves back on the AMEX exchange.

From last quarter...

Correction for NEPH posting:

Total revenues for the three months ended March 31, 2009 were approximately $631,000 compared to approximately $387,000 for the three months ended March 31, 2008. Total revenues increased approximately $244,000. The increase of almost 63% is due to increased revenue of approximately $311,000 during the three months ended March 31, 2009 over the same period in 2008, related to our contract with the Office of U.S. Naval Research and $24,000 in sales of our DSU in the United States for the three months ended March 31, 2009 whereas we had no DSU revenue in the same period in 2008. Sales of our MD filters in our Target European Market were $91,000 lower in the three months ended March 31, 2009 compared to the same period in 2008. Approximately $51,000 of the European revenue reduction was due to less units sold and the remaining $40,000 was due to foreign currency exchange rate fluctuation. Unit sales in Europe decreased approximately 13% for the three months ended March 31, 2009 compared to the same period in 2008. The decrease in unit sales was not the result of decreased customer orders, but rather due to production delays resulting in deferment of shipments.“

http://www.stockshaven.com/nephros-otcneph-three-fda-decisions-one-company/
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