According to the last 10Q they have incurred approximately 21M in liabilities and are predicting profitability by their next fiscal year per the latest PR.
Revenues will have to be at least 21M + additional operating expenses to achieve profitability.
Check out the valuation PR on Apr 19th as to an indication of their growth.
It appears they are ramping up for substantial growth. The next couple of 10Q's will provide a clearer picture as to their revenues and direction of profitability.
From the last 10Q.
General and administrative expenses were $20,825,182 for the nine months ended December 31, 2006, compared to $5,066,962 for the nine months ended December 31, 2005, an increase of $15,758,220 or 311%. These increases are directly attributable to the growth of our staff and the corresponding increase in wages and salaries and employee benefits as well as increases in operating expenses such as advertising expenditures and public relations expenditures and the amortization of prepaid consulting expenses of $3,515,000.
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