hunkered down

Reply New Message

Prev Message Back To Forum Threaded View Next Message

doni

Rank: President [?]

Points: 76204 [?]

Votes: 138 Score: 3.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

hunkered down

posted on Feb 11, 2009 02:19AM

We have recently reduced our monthly cash operating costs to an average of approximately $200,000 per month. However, we may increase expenditure levels in future periods to support and expand our revenue opportunities and continue advanced product and technology research and development. Accordingly, we may incur future losses until such time as we are able to realize recurring revenues and margins sufficient to cover our costs of operations. We may also face unanticipated technical or manufacturing obstacles and face warranty and other risks in our business.