Eon Communications Corp. (EONC)

[Rustler]

Ahh... WHY report peachy revenue figures when the bottom line is where it counts?

Apropos: "For the year ended July 31, 2011, eOn had a net loss of $1,380,000. eOn has incurred substantial losses since inception resulting in an accumulated deficit of $49,769,000. eOn may not be able to achieve profitability from operations in the future." -EONC 10K at 13 (October 28, 2011).

Revenues were up 39% from 2010 to $23,000,000...10-K out yesterday!

THAT explains this most unfortunate and piss-poor EONC PPS performance, especially where EONC drastically increased its revenues but still managed a $1.4 million net loss!