The 10-k clearly states that MatriDigm had only
$132,000 in sales. While MatriDigm lost $14,500,000.00 .
The following is a summary of financial information with
respect to the company, (MatriDigm)
as of September 30, 1997 and 1996: (in thousands)
1997 1996 unaudited
Net sales $ 123 $ -
Gross profit 38 -
Net loss (14,549) (1,873)
Current assets 3,816 2,612
Non-current assets 4,009 1,009
Current liabilities 1,504 324
Zitel lost $17 Million and MatriDigm lost $14.5 Million.
That is a combined $31+ million dollar loss for the fiscal year.
Your Friend, Michael |
