Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-11

To add further, Barry was questioned in a previous webinar about where the company was positioned if the Hologic revenue was excluded from the figures. He openly babbled and couldn't answer the question, stating along the lines of "how can we just simply exclude receipts from customers that have occurred".

At the time I did gawk at the comment from him as its quite simple. If you didn't play with the accounting of the receipts and just include "$1.5Million" of revenue each quarter from the lump sum payment from Hologic, then the fact is, the revenue is actually $1.6Million from services and $300,000 in product sales, so a quarterly revenue of actually $1.9Million. That would mean they operated the quarter at what, a $700,000 loss?