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GreenRhino

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GreenRhino

Re: michmoney01 post# 927

Thursday, 10/29/2009 9:44:56 AM

Thursday, October 29, 2009 9:44:56 AM

Post# of 21786
The Company recorded gross profits of USD $382,463 for Q2 of FY2009, a 19% increase compared to Q2 FY2008 gross profits of US $320,564. Operating expenses for the same period Q2 of FY2009 decreased 53% to US $738,403 compared to Q2 FY2008 of US $2,051,150. HearAtLast also reduced their debt ratio. The debt ratio is the proportion of a firm's total assets that are being financed with borrowed funds.
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