Lord Ernie
I am a bit confused....
"Revenues from continuing operations increased to $160,364.
Expenses decreased from $603,561 in 1997 to $230,053 in 1998.
Loss from continuing operations decreased by $409,924 in 1998 or
about 85%. The total Company assets are $7,383,938.
The Company's 3rd quarter earnings were $.10 per share."
Revenues from continuing operations increase to $160,364. Is this a total for the year, or the quarter? Expenses decreased to $230,053. Is this for the year or for the quarter. If expenses are greater than revenues then how can they make a profit.... I must be either revenues are quarterly and expenses are quoted year to date OR they are creating revenues from discontinued operations.
Do you know the breakdown of the Revenues, Is it from licensees, if so how many do they have now compared to these last results. How many other ways do they produce revenues and are these revenue streams implemented or under development?
Sorry but I could go on forever but there is not much information out there. I use to know a site that gave detailed financial data but I can't remember it, I'll have to look for..
Anyway thanks,
Hylas |
