EnviroTechnologies International Inc. (ETII)

[punk153]

I doubt HNSS even used half of the $1.3 million it got for MedBioWeb to build the three additional Microfill machines.

I estimate that each machine cost less than $100,000. Many similar machines that are sold online fetch under $75,000 and HNSS produces these machines meaning that they can make them much cheaper than buying them directly from a manufacturer they do not own.

I wonder what HNSS has been up to with that ~$1,314,451 that is considered an extrordinary gain on their balance sheets (other than builiding the 3 additional microfill machines)?

Also note that HNSS still had $465,525 in contracts receivable on their balance sheets at the end of 2010. These are products and sevices that haven't been paid to HNSS yet.

Man oh man am I looking forward to those Q1 financials.

IMO