Quarterly still shows that we sheep continued to be fleeced to the tune of $700K per quarter. So much for management reigning in the expenditure.
Look at that revenue figure,$206 - the sales juggernaught rolls on. Without the income tax benefit of nearly $400K they might not have made it to the right issue.
Colltech has had their cosmetic grade collagen out in the market place for more than a year and has not realized any significant sales. Is there no demand for their collagen?
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