Ann: Quarterly Update, page-3

Break even way over 1 year away..... While the qtrly pointed the finger at previous board, lets see what the next qtr looks like given new management in place and see whther receipts increase and costs reduce. Regadless.. no way would i go near this given current cash levels and teh debt nearly at its limit. Definitely trading cum raise (whether management imply no raise is coming or not).
Setup fees look very high which means you would hope a lot of revenue will now flow in from those activities this coming qtr.