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Message: Good news on Service Revenue

Good news on Service Revenue

posted on Nov 16, 2009 04:43PM

Service Revenue YTD is up 35% over last year. (now just under $220K per quarter)

Going Forward once the Patent income slows down (in about 3-4 yrs imo) that is going to be the basis for forward profits.

If they can grow Service Revenue to about $750K a quarter, they would be at about break even. Hardware sales would be the gravy.

This company is in the best shape of it's history.

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