A pretty clean Q yet uneventful
-Cliff notes version-
Total liabilities are down
920,539 versus last year 1,081,739- notably convertible debt was eliminated!
Assets are down slightly
6,230,882 versus 6,409,629
Share counts have grown slightly but not too bad..
revenues are up but still not meaningful yet- still pre-revenue time period in my opinion pre-rollout of psoria shield
losses have narrowed and the burn rate isn't too bad and some expenses may now be moved on to the plate of the Tma group for Psoria shield.
My opinion is the company seems to be ran pretty clean and sales are going to be what makes or breaks the company both psoria shield which looks very market ready & Stealthmark.
I think we could see a major leap up in sales with Psoria Shield Rollout- it would be nice to see some company updates on the rollout with TMA as to its progress so far- deliveries, expansion with new distributors etc. it was already mentioned sales from the conference took place and interest was very high so I'm looking forward to seeing and hearing more on that.
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