Did you investors ever wonder why the SG&A is 4 Million on the quarter (I read the Financial Statements last night but this is from memory)?? I don't think it makes much difference what the processor does. My guess is that they are burying some product Cost in that SG&A number in as effort to make the processor on it's own look profitable. Either that, or they are idiots. I have never seen acompany with such high SG&A. I took a brief look at the Notes where it was supposed to be explained, and it is all boilerplate accounting crap.

So what is up with that? Anybody know.?  If those numbers are accurate, the answer is easy. A mass layoff... Where can the money be going? Cost-cutting should be easy.. only problem is because itis unexplained, we don't know what to cut. Heddle should. ANybody bother asking IR about the details of the SG&A and what is being done?

Isn't SG&A usually 10-20% of Sales?  I just looked up a few in investing.businessweek.com.
- software company   70% they have no COGS. ...
- oil refiner 68/3136... do the math... 5%?
- another oil refiner... 4.8/168.7 = 2% 


It stands to reason that COGS wold be fairly high, therefore if it is swamped by SG&A, which is non-product cost... the company is going to lose money... simple.  


so is there something wrong here? anybody ask?   I'd ask...

How come the P&E is valued at 8 Milllion on the books, but the paid in capital is 57 Million (memory again)?    Where did the rest of it go? anybody ask? Can someone call IR fo an explanation?

Just tryin' to help...