ISON filed a request for an extension to file their 10-K on 7/29. In it it says
The Registrant anticipates that the earnings
statement to be reported in its Form 10-KSB, for the year ended
April 30, 1999, will reflect significant changes in its results
of operations from the fiscal year ended April 30, 1998. The
earnings statement will report: (i) net revenues increased from
$6.78 in fiscal year 1998 to $16.99 million in fiscal year
1998, and gross margin increased from $2.12 million in fiscal
year 1998 to $3.62 million in fiscal year 1999, in each case
because of the effect of acquisitions made in fiscal year 1999,
and on April 30, 1998; and (ii) net loss increased from $0.12
million in fiscal year 1998, to $2.52 million in fiscal year
1999, primarily because of losses in the isotope and
metallurgical research businesses, corporate restructuring
costs, and increased R&D expenditures.
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