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makecents99

11/13/12 5:18 PM

#278844 RE: Harold Fieldt #278842

what about this? "We have had a significant reduction in operating expenses over the past nine months and final cost reduction activities related to departing personnel will be completed by January 2013. We are focusing on continuing to grow the business and revenue to achieve self-sustainability, which continues to take paramount importance and we hope to achieve it by December 31, 2012.

Poptech

11/13/12 5:21 PM

#278846 RE: Harold Fieldt #278842

As of 9/30/12:

Cash and Cash Equivalents: $1,276,000
Revenue $680,000 US: $598,000 Germany: $82,000 (Up $152,000 over this time last year)
Gross Profit: $41,000
Operating Loss = $579,000