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Technology Stocks : JMAR Technologies(JMAR)
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To: dave rose who wrote (9650)8/23/2007 6:26:39 PM
From: X-Ray Man  Read Replies (1) of 9695
 
JMAR is undergoing a major restructuring, more than just the selling off of the one product. If you look at their request for late filing of the 10Q, you will see that they have also had a turnover of the financial officers. This week, JMAR is listed as JMARE meaning it has failed to file the 10Q before the 8/20/07 deadline. Strange, why did they request a delay in filing on 8/15/07 but indicate they still planned to submit by the deadline? Could that have been a typographic error? Is the CEO filling out his own financial statements now? What would be more important to know is what is the new business plan going forward. Everything suggests the emphasis is shifting back to the sale of the laser product into as many OEMs as possible.
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