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Lyrtech Inc. |
Since the news is not appearing in the Google newsfeed, I will add a
link here:
http://newswire.ca/en/releases/archive/May2008/06/c5325.html
So they increased their revenues 50% for 2007 compared to 2006 (from
$6.9M to $10.4). But they still also increased their net loss 127%!...
(from $6M in 2006 to $13.6M in 2007).
So I hope the anonymous buyer who bought 9 million shares know
something about a more shinning future for this company. I think if
they now just have no choice to succeed in continuing cutting costs
but also getting those big contracts.