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Tuesday, October 26, 2010 6:41:54 AM
Looking over the last 10Q made me a bit sick.
During the last 3 months ending june30 sales did go up about $493k, with $135k of that as proffit.
Net loss went from (535557) to (1324507).
Basicaly to get that extra $135k in revenue cost them $788k.
While I see their 2010 sales are 5X greater than their 2009 sales the net loss is 4.4X greater.
In other words, loan me 6 bucks and I'll pay you back 1 buck and call it even.
Good to ride if you DD the historical trends.
Greg
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