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Re: scon post# 28942

Monday, 03/26/2012 4:00:39 PM

Monday, March 26, 2012 4:00:39 PM

Post# of 75926
The company had about $7.5 Million in total debt as of July 2011. They reduced about $600,000 worth of debt last fall (3Q). They save themselves $40-60,000 every quarter because of reduced debt. They have been profitable last few quarters. Fully expect to continue this year and beyond. They retired 150 Million shares from the O/S. They diluted shortly after, around 40-50 Million shares. We speculated to further reduce debt or have money for a new product line. SNDY introduced their new product like we all assumed. We are currently waiting for 4Q and Annual filings, new Mammoview product line and CE Mark.