Replies to post #77 on Manuka Inc (fka MNKA)

[midastouch017]

The bad portion,

THREE MONTHS ENDED JUNE 30, 2005 COMPARED WITH THREE MONTHS ENDED JUNE 30, 2004

REVENUES. Revenues consist of gross sales of products less discounts. We are currently concentrating on entering and implementing large-scale projects. In the three months ended June 30, 2005, we had revenue of $287,000, compared to $382,000 in the three months ended June 30, 2004. Revenues decreased by $95,000, or 24.9%, in the three months ended June 30, 2005 compared to the three months ended June 30, 2004. The decrease is mainly related to lower sales to our project in Turkey during the second quarter of 2005.


The positive,

SIX MONTHS ENDED JUNE 30, 2005 COMPARED WITH SIX MONTHS ENDED JUNE 30, 2004

REVENUE. Revenue consists of gross sales of products less discounts. We are currently concentrating on entering and implementing large-scale projects. These potential contracts are subject to a long sales cycle and fluctuated timetable for entering and implementing such projects. Revenues increased by $242,000, or 44.9%, in the six months ended June 30, 2005 compared to the six months ended June 30, 2004. In the six months ended June 30, 2005, we had revenue of $781,000, compared to $539,000 in the six months ended June 30, 2004, primarily due to our new customers located in the United States.

Dubi