Third Qtr and Year End financials are out

Poised To Become 1 Of The Fastest Growing Companies In America

Exousia Has Just Begun Shipping Power Shield(TM) to China United Engineering Corporation

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Beerbelly

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Third Qtr and Year End financials are out

posted on Apr 24, 2009 06:44AM

I was on www.sec.gov and saw that EXOU issued their year end statements last week:

http://www.sec.gov/Archives/edgar/da...

I also saw their 3rd quarter was out:

http://www.sec.gov/Archives/edgar/da...

Looks like this company really is at the starting gate, which is good in that there is no where to go but up in the sales department. With only $139K in the bank at year end and logging only $1.3 million in sales right now this company has to show some vastly improved sales for the share price to really move. So here's hoping the 1st quarter shows the growth we are all hoping for.

I also hope our gross margin improves - on those $1.3 million in sales our direct costs were $957K so only a 26% margin. Thoughts anyone?

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