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Wednesday, October 24, 2012 11:22:33 AM
The good news:
Gross Profits for the Crawford Mobile systems division increased to $42k for the last six months.
the bad news:
There is a net loss of $166k for the same time period primarily attributed to the continued excessive G&A for two guys running the show ($205k).
Regarding the other 10 new business models the company has attempted during this same time period, none have come to fruition:
1. Custome Mobile Audio Stereo systems (nominal revenue only)
2. Printable solar panels
3. Wireless service in South America
4. Pursuit of Government Incentives for various business models 5. Bikini Clad, Drunken Women Reality shows
6. Penny Auctions
7. Chinese Markets
8. Mobile Apps
9. Protection and Security Systems
10. Facial Recognition Services
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