InvestorsHub Logo
Followers 88
Posts 5985
Boards Moderated 0
Alias Born 03/19/2007

Re: gman3 post# 6963

Wednesday, 08/15/2012 10:26:23 AM

Wednesday, August 15, 2012 10:26:23 AM

Post# of 97081
The quarterly will be submitted late.
A fact is their product is under review with the FDA.


Here from the last 10Q filing from March 31sth under Management Discussions, where it says:

In anticipation of the introduction of Genstrip, which is subject to FDA approval, and currently in that approval
process, we have phased out sales of those brand name products that have been a backbone of our current distribution business but
will, in the future, would compete directly with our Shasta Genstrip. Phasing out these products lowered our order intake by
approximately $8,450,000 in FY2011 and $3,250,000 through the period ending March 31, 2012.