Finjan Holdings Inc (FNJN)

[Ecomike]

Something is real fishy with these numbers. I listened to the last conference call and the CEO answered 2 questions that stuck out for me as bullish. He said they needed $2,500,000 in sales per quarter to break even. He also said they had about $2,000,000 in sales the first quarter (or year to date perhaps, but I thought he said first quarter)of this year, meaning they were near break even, compared to last years record losses. But today's news says first quarter was only $8xx,xxx, with a net of 4xx,xxx. Is that net based on cost of goods sold for the quarter, but not including all the overhead? 8xx,xxx is way short of 2,000,000 in sales.

I am still long, but scratching my head on the data here. Somebody needs to call the CEO and get clarification on this BS.