Finally getting to read the 10k..
Here's some "highlights"
Why so many "returned games"??
Cost of games returned to distributor $130,478
Cost of games returned to distributor $2,076
Payments to marketing consultants have decreased over $4 million. Ok, so what's that tell us? Those marketing "consultants" are holding over $4 million in shares that they will slowly sell off, as their restrictions lift. = MORE DILUTION
We reported a net loss of $5,487,843 for the fiscal year ended March 31, 2011. = OUCH. Even with "record" Christmas sales, this is how much they've lost.
I wonder how they plan of tripling or quadrupling their sales this year.. That's the only way I see them turning a profit. And that brings me to another point. Didn't Troy say they had a profitable quarter?? I don't recall which one that was.. but the numbers speak for themselves.
