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THEGOOGLE5

08/05/11 12:05 PM

#31815 RE: billd1 #31813

I can help you there....

Paper loss are the amount of shares Troy used to pay off or cut down debt and amount of shares sold to pay day to to day bills. The term paper loss and on paper gain does not translate to actual dollars.
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seventeen

08/05/11 12:07 PM

#31816 RE: billd1 #31813

The company has posted a profitable QUARTER last year....now we just need to string a few of those together for a profitable YEAR!

But, the fact remains, that this is a small company trying to carve out there own place in a big market. There have been significant improvements over the years and once they are able to establish a loyal customer base and get enough products on the market it will continue to get better.

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noquit

08/05/11 12:46 PM

#31823 RE: billd1 #31813

It always depends on how one reads it. Shrinking paper losses are just that, paper losses. More income can also be considered profit, as it shrinks the loss base.

I do believe the company never actually LOST huge sums of money, but certain items can be figured at a higher cost for write off purposes and that's what we're seeing.