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To: zen_lunatic420 who wrote (107889)5/17/2012 9:34:46 AM
From: sandman777Read Replies (2) of 111076
 
GLMB - The 10-Q looks a little questionable to me. I may be interpreting incorrectly and would appreciate feedback.

Revenue and Net Income are both down YOY for both 3 and 9 months.

Balance sheet shows only a $1,000 gain in casy YOY. Nothing much else has changed other than $1 million patent & technology license agreement. Total assets are up less than $1 million. Yet, Stockholder's Equity is up $3.5 million. $2.2 of that is under "Additional paid-in capital" related to increased share count.

Looks fishy to me.

Jeff
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