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To: kidl who wrote (8)6/26/2013 6:56:58 PM
From: kidl  Read Replies (1) | Respond to of 553
 
May 31/13: Q1 Results now on Sedar - It’s pretty well a breakeven if you exclude D&A and share based compensation. Cash flow is slightly positive. Sales are up 20%. Cash remained steady at $1.6 Mil.

Results could have been much better but amin costs went up a staggering 65% and sales & marketing went up 50%. Research also went up 50% but that’s probably a good thing.

Revenue from Africa and Asia is growing but they seem to have lost their (small) American, European and South American business.