H Quotient, Inc. (fka HQNT)

[Resectorman]

Mighty_Mezz~~Yes lets have a credibility check:

http://www.findarticles.com/p/articles/mi_m0EIN/is_2004_Oct_18/ai_n6239660

Earnings
Business Wire, Oct 18, 2004

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VIENNA, Va. -- H-Quotient, Inc., (HQNT) previously announced preliminary unaudited earnings and sales for the year ending December 31, 2003. The Company's acquisition of Stewart & Shaw, which began in 2003 and was finalized on May 4, delayed the completion of audited and subsequent earnings releases. The accounting issues relating to the acquisition of this Canadian medical manufacturing business are now resolved.

Preliminary unaudited revenues for the year ended December 31, 2003, increased to $3,016,361 compared to $2,677,315 for the year ended December 31, 2002. Including other income, revenues for the 12 month period increased to $4,104,565 compared to $2,396,253 for the 12 months ended December 31, 2002. Operating expenses for the 12 month period, decreased to $476,085 compared to $1,131,326 for the 12 months ended December 31, 2002. Net income was $3,628,480 or $.13 per share for the 12 month period ending December 31, 2003, compared to $1,264,927 or $.04 for the same period in 2002.


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