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10/11/10 12:15 PM

#72438 RE: scion #72435

15. On or about 14 July 2010, MICHAEL KAPLANIS met with BORDYNUIK and Vice President Frank Coy.

Frank Coy

Posts: 17
Join date: 2010-02-23

Re: On spending $300K for the 10K...

Post Frank Coy on Thu Apr 01, 2010 8:22 pm
EP, now that it is out (10K) What do you think? Not so crap? I find it amazing that cashflow has covered all of the increases in expenses. I'm not sure I have ever heard of a start up matching their burn rate with revenue from operations in year one.

Debt free, any future financing does not have to be done to swap, it can go directly to P2O roll out.

I think it doesn't get any better for a company that, at the time of the report, (Dec 31) is 8 months old.

Thoughts?

From another board.