If those PRs were true, why is LabQuotient now a freebie?
By: Mighty_Mezz
08 Sep 2004, 11:18 AM EDT
Msg. 55421 of 55422
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H-Quotient, Inc., (OTC Bulletin Board: HQNT) announced development of the initial LabQuotient prototype, which has resulted in more than 100 pre-production sales.
VIENNA, Va.--(BUSINESS WIRE)--June 3, 2002
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The company is pleased to confirm its projection of $5,000,000 net income from the product for its first year of production. All income will be recurring and is expected to grow substantially in succeeding years.
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H-Quotient, Inc. Announces More than 500 LabQuotient Pre-production Sales
Business Wire, July 12, 2002
H-Quotient, Inc. (OTC Bulletin Board: HQNT) announced booking of more than 500 pre-production sales of LabQuotient, the company's innovative software system that matches diagnoses and tests for the medical, medical insurance, and medical legal communities.
President and CEO Douglas Cohn said, "The interest in LabQuotient is both gratifying and quite encouraging. These sales reinforce our first year projection of $5 million in net income from this superb product. Our enthusiasm and the market reception for LabQuotient continue unabated."
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H-Quotient, Inc., Announces LabQuotient Contract for Canada
Business Wire, July 29, 2002
President and CEO Douglas Cohn said, "This contract is an important step on our road to first year projected net income of $5 million or $.18 per share from LabQuotient.
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H-Quotient, Inc.'s Initial LabQuotient Sales Top $300,000
H-Quotient, Inc., (OTCBB: HQNT) announced that initial sales of LabQuotient now exceed $300,000. LabQuotient is the company's innovative software system and database for medical and insurance professionals that links tests and diagnoses. Because LabQuotient is a subscription-based product, revenue is recurring.
CEO and President Douglas A. Cohn said, "LabQuotient is well on the way to meeting the first-year projected net income goal of $5 million. We will continue to provide updates as additional milestones are passed."
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If those PRs were true, why is LabQuotient now a freebie?
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