Q2While revenue was still only 713K, the break even on the bottom line was nice to see. Looks like Management is really putting in some effort here to try keep this company alive and profitable.
With sales in the final month being about 45% of the quarter, there is also a bit of hope that sales are increasing. Next quarter will answer that.
There were rumors that US tariffs on China may decrease after Yellen’s meeting in China. That would be great for this little company but that remains to be seen.
Overall, a positive tone to the quarterly results. Investors usually like to see multiple quarters of improving financial performance, but we may see a cent or so move up in the SP in anticipation of Q3 results.
Let’s hope revenue can get back above the million level next quarter.
GLTA