QDM International Inc. (QDMI)

[greasemonkeyshoes]

".....The revenues in q1 starting in 2005 have been: 221k, 151k, 321k, 417k, 447k, 599k, and 539k. The overall direction is steadily rising with a curve ball thrown in now and then...."

The SG&A in every q1 since 2005 were: 284k,273k,399k,458k,366k,366k,418k;

Unless there is a fixed linkage of SG&A to sales at 50% and less,the management is marginal at best,and likely resulting more share dilutions soon! The CEO,the driver of the company,is where the problem lies! His track record lacked CFO sense and his actions seemed to be afraid to cut his bloated cost structures,which is sinking the balance sheet,with the growth of the company stuck in reverse again and again,as 10+ years of time have gone by!!