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Re: Leontios post# 4

Saturday, 07/24/2010 12:02:54 AM

Saturday, July 24, 2010 12:02:54 AM

Post# of 75
The Company’s revenues for the three months ended March 31, 2010 and 2009 were earned in the following geographic areas:

2010 / 2009

The People’s Republic of China $ 7,505,237 / 3,349,050

Germany 5,773,464 / 6,714,002

United Kingdom 3,709,221 / 3,273,036

France 3,191,889 / 948,490

Europe-Other 1,111,431 / 301,930

Japan 2,776,857 / 4,689,704

United States 2,071,447 / 1,231,610

Total 26,139,546 / 20,507,822


Revenue increases for the first quarter of 2010 versus the first quarter of 2009 does show an improvement. It seems the world may be slowly coming back from recession. Most notable is the improvement in China.

This is only revenue numbers from one small company in one industry, but it is interesting to see the improvement or lack of improvement in different countries around the world. In this incredibly small sample of data, China seems to be leading the way back to economic recovery.