QDM International Inc. (QDMI)

[greasemonkeyshoes]

"......For the three months ended March 31, 2011, the registrant had sales of $539,261 with cost of sales and services of $277,692 for a gross profit of $261,569......for the three months ended March 31, 2010, the registrant had sales of $598,637 with cost of sales of $285,886 for a gross profit of $312,751....."

The revenue decreased and cost was inelastic,not a good sign;The business model does not work with stagnant sales,and BIG CHANGE is a must! 2 cents worth of recommendation: shrink number of classes and pack each class like a sardine can,like what airliners have done to survive!

I believe more dilution is coming at your expense.