9 month period Revenue reduced to $2,594,126 from $3,329,120
CBAI has experienced recurring net losses from operations, which losses have caused an accumulated deficit of approximately $30.9 million as of September 30, 2009. In addition, CBAI has a working capital deficit of approximately $5.3 million as of September 30, 2009.
The good thing is that the dilution has been for debt reduction, and the company has been very open about it.
In Reply To 'spongeme'
"Be kinder than necessary, for everyone you meet is fighting some kind of battle."