Funny. Seems that the longs who were so eagerly awaiting the appearance of this document have entirely disappeared. I'd have thought they'd want to comment.
In any case, we see that for this quarter the company reported total revenues of $491,662.
Yet...
The Company is actively and aggressively engaged in a strategic program to eliminate the illegal shorting of their stock which will allow the Company to, once again, fulfill their $5,000,000 private placement. This will allow the Company to continue with its catalog sales and marketing program. Once implemented, the gross revenue based on industry sales figures will be an estimated $195,000,000 per annum to start.
$195MM?? Uh-huh. Is that anything like the more modest, but equally unachievable, $95MM predicted for this fiscal year?
Note as well that the company is saying that unless it continues to make private placements, it will be strapped for capital. And a bit more than that is implied by the relevant paragraph...
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