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Monday, 05/17/2010 5:54:31 PM

Monday, May 17, 2010 5:54:31 PM

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Some interesting news in the 10-Q about a new MagShoe model:

"The decrease in revenues and cost of goods sold during the 2010 period as compared to the 2009 period was primarily attributable the design and development of two new prototypes of the Magshoe device in response to greater height requirements and networking capability requested by potential end-users. The design of the prototypes was completed in April 2010. We expect, subject to and pending raising additional capital, to be able to commercially launch the new models. "
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