Replies to post #13584 on Trucept, Inc. (TREP)

[Planopenny]

Spending from the last 10Q:
Six months ending: 6/30/2010 6/30/2011 $ VAR % VAR
Salaries & Related Expense $ 865,329 $ 894,399 $ 29,070 3.4% Added approximately eight employees
Consulting $ 205,013 $ 379,189 $ 174,176 85.0% Increase in auditor fees
Commissions 106,999 446,806 $ 339,807 317.6% Related to increase in revenue
Outside Services 2,199 94,091 $ 91,892 4178.8% Added a third party unemployment administrator
Travel 11,766 78,142 $ 66,376 564.1% Increased travel - related to increase in revenue
Meal & Entertainment 7,582 49,421 $ 41,839 551.8% Increase related to increase in revenue
Office Expense 17,837 76,720 $ 58,883 330.1% new equipment for new employees
Telephone & Internet 9,305 26,715 $ 17,410 187.1% Additional phone lines for new employees
Postage 11,785 47,429 $ 35,644 302.5% Related to increase in revenue
Allowance for bad debt 0 607,330 $ 607,330 - Allowance for potentially uncollectible receivable
Stock issuance 0 443,980 $ 443,980 - Stock issued pursuant to a contract and services owed
Miscellaneous 208,257 25,403 $ 182,854 -87.8% miscellaneous
Total Expenses $ 1,446,072 $ 3,169,625 $ 1,723,553 119.2%

[pat24jr]

i don't think a share buy back is in the works. There is a promissory note payment due next Oct or Nov for the Solvis acquisition that we'll need cash for.