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Thursday, December 02, 2010 10:14:20 AM
The demand for the Voraxial continues to increase as the Company anticipates additional revenues from the oil and gas industry. We believe the markets for the Voraxial Separator are developing as companies with high volume water separation problems are becoming more aware of the Voraxial. This may result in more revenue generating opportunities for the Company from various market segments. These markets include mining and oil industry, specifically oil spill, produced water, deckwater drainage, refinery and tar sands markets. The Company continues to focus on its sales and marketing program for the Voraxial Separator and management believes such efforts will result in increasing revenues over the next 12 months."
This means a huge surge in booked revenue for 4th quarter 2010!!!
They have already received purchase orders exceeding 2009 revenues...wow...this means a bare minimum of $296,173 in revenue will be reported for the 4th quarter based on past 10Q's.
2009 revenues were $464,526.
Revenues for 2010 so far for the first 9 months are $168,353
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