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Bullboard - Stock Discussion Forum Technologies Sonomax Inc SXHHF

Healthcare Medical Instruments & Supplies
Sonomax Technologies Inc engages in the development, commercialization and sales of intra-ear technology for earphones, hearing protection, hearing enhancement, and other communication applications.

GREY:SXHHF - Post Discussion

Technologies Sonomax Inc > Too bad it took so long
View:
Post by horkalugi on Nov 27, 2013 7:58pm

Too bad it took so long

3rd quarter results are out...  These are the "Highlights"...

Sonomax Technologies Inc. (“Sonomax” or the “Company”) (CNSX: SHH) today disclosed its results for the three-month and nine-month periods ended September 30, 2013.

Third quarter 2013 highlights were:

  • Decrease in net revenue to $70,862 in 2013 from $267,946 in 2012.
  • A decrease in operating expenses to $862,619 in 2013 compared to $1,014,910 in 2012.
  • Gross loss was $56,918 in 2013 compared to $33,566 in 2012.

Hate to see what didn't make the highlight reel...
One last observation, SHH usually would word the start of their press releases, "SHH is pleased to announce..."  ahhh, the good old days....
  •  
Comment by mcgillstocks on Nov 28, 2013 1:44pm
And if you read the MD&A, they basically say that they will be declaring bankruptcy soon as they have 9 million of debt owning in less than 1 year.
Technologies Sonomax Inc
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