Repro Med Systems Inc (REPR)

[seeksup]

They can't grow without, uh, growing :)

We have taken a portion of our revenues for investment back into the Company to develop new products and achieve more market penetration. Specifically, spending on more marketing for these new products, which includes increased presence at trade shows, additional customer service representatives, and the hiring of a sales associate in Europe increased these costs by 96% over the quarter ending November 2008. Additionally, we improved our infrastructure to meet our expanded needs including computer support, general maintenance as well as increases in production staff and general overhead which resulted in these costs increasing by 64%.

If they did not perform these sorts of activities I would be more concerned; they are in effect telling us there are significant growth opportunities. In my opinion.