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GregB1984

03/03/15 6:22 PM

#1777 RE: mrcraigo #1775

Show me the facts then. Show me how my numbers are wrong. I'd love to see it!!
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GregB1984

03/03/15 6:32 PM

#1785 RE: mrcraigo #1775

Here's the facts. Taken straight from 10-Q filing of period ending 9-30-2014.

Page 5, Note 1, Paragraph one.

"The company has spent approximately $75 Million developing ERGO and now owns a patented process"

Page 2

Total Assets: $710,000, $664,000 of cash, $20,000 of patent, and $26,000 in inventory.

How do they have nothing to show for $75 Million spent?

Page 3

Product Revenues $3,000
License Revenues $0
Total Revenues $3,000

So this patented process isn't worth much if they can't even license it.

Page 3

Selling, general, and administrative expenses : $547,000

This is where it's laughable. Those executive and sales expenses are pretty high for a total of $3,000 in sales. Who's running that campaign? Lol

There's the facts. In the 10-Q, not made up. Your move moron