Chris you are right, the sales do belong to BUB and that is a good thing. What is the distortion is that they compare the sales increase with the same quarter last year. That is not the correct comparison. What they should do is compare the BUB sales of IF only to the previous quarters. They have omitted this for the obvious purpose that the IF sales have gone backwards since last QRT , IMO.
Ann: Quarterly Activity Report and Appendix 4C, page-43
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