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xxxxcslewis

12/10/13 9:28 AM

#251705 RE: Golfgod #251695

I believe there are large costs relating to severance pay in Q2, Q3 and to some extent in Q4 2013. Both for the exit of the former executives and also relating to the cut back in employees in NF and the recycling facility.

Q1 2014 ought to be more representative of the "normal costs" for the company and I believe will be substantially less than those experienced in 2013.
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the big guy

12/10/13 2:23 PM

#251778 RE: Golfgod #251695

There is a budget for R&D that is reasonable. ALl I am saying is that at present, andf or the last 4 years, the SG&A has been at a level that makes them not a Going Concern. It is unexplained, unreakl, and they do nto have a hope in Hades if they spend like this. It makes no sense and is worth a question to Heddle.

that is all