PLENTY COMING.POSITIVES FROM THE CEO LETTER.READ BOLD POINTS.THIS HAS A CHANCE TO MOVE UP AGAIN IMO.
1)Keep reading, because as you will see in the end, I explain why I believe our future is brighter than ever.
2)This is how we averted the reverse-split last year. For now, we intend to leave everything as it is.
3)We are working to complete our new two year audit, which we hope to file before the end of July. This is a significant milestone because our company will have completed a 2 year audit in just a little more time than most companies are required to complete a 1 year audit. We expect to announce revenues exceeding $1.5 million for the fiscal year ending March 31, 2011, up more than 1000% from the year before. As well, we expect to announce that despite a loss for the fiscal year, our balance sheet has improved significantly over a year ago. Please understand these preview figures are subject to change until they are final and approved by our audit firm and published in our soon-to-be-published annual report.
4)We remain on-track to nearly double the size of our product line this year and believe our installed base of customers will continue to grow.
5)We successfully presented at the recent International Christian Retail Show and had one of the largest booths of the convention (20x40).
6)Once the new annual report is filed, shortly thereafter we expect to move forward on our financing agreement with Modessa Enterprises. This agreement will provide for $10 million in capital over a period of years, ending the era in which we have been supported primarily by private investors.
7)In the coming month, we expect to launch our new online store in which the majority of our games can be purchased via download.
