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Ann: Half Yearly Report and Accounts, page-4

  1. 72 Posts.
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    I am very concerned at the After-tax Net Loss of $3.27m due to Non-cash expense of Options issued of $3.35m ... basically, if they didn't issue the options they would have basically broken even ... This translates to needing a much higher Gross Profit than they recorded to make money.
 
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