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Friday, 03/29/2013 3:44:19 PM

Friday, March 29, 2013 3:44:19 PM

Post# of 540
BLFS: BioLiFe Solutions:We achieved positive cashflow from operations during the last quarter of the year for the first time in Company history.

Only 70M shares outstanding!

read the 10-K

Outlook

In 2013, BioLife management expects revenue to be in the range of $6.5 million to $7.0 million. This increase will be driven by continued increases in sales to existing customers, the addition of new customers in the regenerative medicine market as our customers continue to move their cell and tissue based therapies and products through the clinical trial and regulatory approval processes, and continued focus on sales through our existing distribution network.

We expect gross margin as a percentage of revenue of approximately 38% - $41% in 2013 with fluctuation occurring as a result of changes in the mix of core product sales and contract manufacturing services revenue.

We expect operating expenses in 2013 to increase 10% - 20% over 2012, with increases expected in all areas primarily in personnel related costs.

We will continue to focus on generating positive operating income in 2013, and expect the results for the full year to increase over 2012. We believe cash generated from customer collections will provide sufficient funds to operate our business

http://biz.yahoo.com/e/130329/blfs10-k.html

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