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Re: rokkdatstock post# 25332

Thursday, 02/14/2013 3:55:52 PM

Thursday, February 14, 2013 3:55:52 PM

Post# of 44232
To be fair, a large part of their sales for Q4 is recorded as Deferred Revenue on the balance sheet, and not included in the revenue numbers on the income statement which accounts for the smaller gross margins. Doesn't change the fact that this company's main purpose is to sell shares, but if you add in the $240k of Deferred Revenue they would have almost broken even for the quarter.
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