Like I previously posted several weeks ago not to

Like I previously posted several weeks ago not to get too excited about coming quarterly report because I felt it was not going to be stellar as hoped for came true. The quarter results indicate expenses much greater than revenue probably due to the ongoing reorganization of operations and emphases on future developments. Cash flow remains a serious problem if you look to where all the millions upon millions of shares issued have been going to reduce debt and increase cash. If not for the $850,000 (ntgl shares being held) this would be even worse. Some said worst is behind them and they don't need to increase outstanding shares. Then Feb 1, 2017, Mike Steele received 8,078,963 restricted shares to reduce more debt and increase depleted cash flow. I always wondered if the company is getting the bang for the buck from its Ultra Media Group (UMG) based backed east. They generated only $49,000 during the quarter but how much was paid in salaries, rent and utilities and other expenses to justify getting that little of revenue. If I was Dr Gulas I would like to review a separate income statement from that operation. On the positive note 2016 is behind us and what matters is how we finish the next six months of the fiscal year and beyond. Without revenue increase to sustain profitablility we are stuck below a penny a share pre-split.