Water Boarding

[DiamondFire]

ATRN JAN. 12 th DD:



DiamondFire  

Share
Thursday, January 12, 2012 12:26:01 AM
Re: meathead post# 13825

Post # of 68252 
Everyone please read pages 26-27 of 10q:

1) ATRN's Transactional Service segment REVENUES decreased by only 5% for nine months ended september 30th, 2011.

2) ATRN's Transactional Service segment EXPENSES decreased by $3.2 million or 16%.

3) ATRN's Product and Distribution EXPENSES decreased by $1.4 million or 53%.

4) ATRN's Selling and Marketing EXPENSES decreased by $.08 million or 28%.

5) ATRN's General, administrative and other operating EXPENSES decreased by $1.7 million or 24%.

6) ATRN's Depreciation and amortization decreased by $0.3 million or 34% to $0.6 million.

So, almost all their losses are from the Kazaa segment. And newsflash: they just terminated their Kazaa deal with Brilliant Digital as per Dec. 28th 8K:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8309870

Without Kazaa and its bleeding of money each quarter, this company is one on the verge of turning a PROFIT. If they sell some other assests like they said they were doing, continue to save costs like you see above, it seems that they should be able to pay off Brilliant going foward just on their revenue coming in from their lucrative Transactional Services.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8241320-1137-200955&type=sect&dcn=0001144204-11-064110