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stockpopper

12/16/11 4:18 PM

#5982 RE: Tuneyards #5980

On the contrary, I thought the 10k was excellent. Of course there was no revenue, the period reflected in the filing was BEFORE RAYS contracts.

Also the Goodwill associated with RAYS video compression technology was listed on the books at cost (20M X $0.40) just as it must be according to generally accepted accounting principles (GAAP)

You can do what you like but there is little denying RAYS is technically ready here for a serious breakout of the current trading range.