Active Control Technology Inc ATIVF

RE: RE: Next WeeK I Guess

[hydra100]

Five ml in revenue for year is not bad.
Nine mines with recurring revenue.
Cost cuts including less staff, so much for that still hiring.  $250k less recurring.

1.1 ml loss for qtr.
780k revenue for qtr
Only 780k in qtr but 5 ml in year?  Check on last three qtrs as they must have been really good.
621k in bank as of July 31/10.

During qtr no new mine installations.
Nine mines not good enough for positive cash flow.
Fourth qtr is "the first" one to have "a materal drop in revenues."

It says they need more money as everyone here knows.  "Actively pursuing financing" which incllues adding more debt and/or isssuing more shares.

"Cauiously optimistic about its prospects for fiscal 2011."

FROM M/A.