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Post# of 92291
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FUSE INVESTOR

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FUSE INVESTOR

Re: None

Monday, 12/30/2013 9:33:50 PM

Monday, December 30, 2013 9:33:50 PM

Post# of 92291
$500k revenue for the year, not exciting. Does mean they sold $200k of product in the last quarter. That is probably over 25,000 units at $8 avg... More of you assume a lower cost.

They did give a lot of freebies away, probably hurt revenues and margins..

Loss for they year was cut by over 40%. However, I am not using government math, so this is still not good.

Overall, moving in the right direction..slower than we hoped.

All this is at the bottom of the late filing notice, for those who did not read it.

Thoughts?
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