Medical Industries Of America, MIOA Message Board

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Biotech / Medical : Medical Industries Of America, MIOA

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To: The Pope who wrote (237)	8/7/1997 3:47:00 PM
From: Mr. Miller	of 570

It is good to see the Vatican getting involved with MIOA. We may need a miracle. The first quarter revenues had a one time gain of 800,000 from the sale of a cath lab to Pakistan. This bumped revenues up over 1.9 million and allowed MIOA to say they earned money for the quarter. Remember when they reported last quarter's revenues, they only indicated about 1.1 million and then we all read the 800,00 sale of cath lab and total revenues of 1.9 million. I hope not, but I am guessing that will be the case agin this quarter which is why we have had little movement. They indicated 1.2 million revenues( actually higher than last quarter's 1.1 million) but they probably factored in the settlement of 1.1 million in order to show us a profit of the 400,000+. Unfortunate but that is how it is for a while. Please bless us mighty one for continued profits real profits. AMEN. Let us pray.... Miller

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