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Re: neilbolton post# 28281

Saturday, 08/20/2005 4:27:26 PM

Saturday, August 20, 2005 4:27:26 PM

Post# of 341663
To further clarify the revenue issue, whether or not the legal read is one interpretation or another, is irrelevant, certainly what you read is correct.
The point being our CPA, tax consultant,Director, CFO, Mr. AL Golusin treats the numbers legally and correctly from an accounting realm, ethics and otherwise.
accounting treatment: mmxt=40%, scmi 60%, scmi has solo mostly pre-mmxt contracts that bring additional revenues.
approximate total revenues from mmxt contracts: mmxt=85k,scmi=130k, scmi additional revenue= 30k to 50k(scmi, non-reporting).
Units pressed in quarter: appx. 7 million @ appx. .035 avg.