InvestorsHub Logo
icon url

greedy__malone

07/01/09 12:07 AM

#3293 RE: masko23 #3292

Does that explain the disappoitning $33,000 in quarterly revenue while posting a $492k loss?

I don't see any profit taking place here. Now, the cost of the goods sold is relatively low but the general/administrative costs are killing this company.

And, if I am not mistaken, they have gone out and taken on more employees which will generate more expenses. Seems like the losses will widen significantly in the near term.

Perhaps that is why they raised the A/S to 1.2 billion?