QDM International Inc. (QDMI)

[greasemonkeyshoes]

ER is out........
Net income is $11K vs $161K(3Q,2010).

I believe the 4Q would be below prior year numbers and the whole year 2011 income would be negative,90% chance!

I still like the expansion plan for next year: fast death is better than slow death!! Just joking......but be prepared for waves of likely share dilutions(balance sheet needs about $500K for the planned capital expenditures!!)