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Tuesday, September 22, 2009 4:12:23 PM
You have to stop the bleeding or put a finger in the dike or plug up the holes in the bucket...
However you term it...
The company has shown us that...
They have turned things around...
Now they begin to grow again...
And move to profitability.
One important item to note....
When PK said a move to break even in 9 months...
That is a move TO, on recent calculations...
Of between $16-$17 million in sales.
That was your guidance you were looking for...
And that represents a 822% gain in sales over the $1.843 mil sales booked over the trailing 12 months.
Just as important, based on the info CEO put out today, next quarter appears to be at least a 50-70% improvement on this quarter posted today, and higher than the year ago quarter...
Why is this important?
It's the first time the company has posted higher sales than the year ago quarter in well over 18 months.
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