Annual Report 2013

Shareholders are invited to review the 2013 Annual Report at www.OTCMarkets.com in the filings section.

The graph below illustrates a 5-year history of two key metrics of operating results, sales and profit/loss trend.  SALES: Management considers the 2013 sales reduction to be due to exceptional circumstances, as recovery is already occurring in Q1 2014, compared with 2013.  Initiatives described in the Annual Report are intended to help the 2014 recovery keep its momentum. Speed of completed deliveries and sales activity generally in Q1 is improved over 2013.  PROFIT/LOSS: Operating losses have been reduced every year during the past 5 years.  As a result, the company’s break-even point has been reduced substantially.  This increases the feasibility of attaining profitable operation.

We thank the many shareholders who have expressed their appreciation of the CEO Weblog as a direct form of communication.  Your correspondence is always welcome and will be responded to.

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Picture - 5 Year Trend

 

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