No disrespect intended to you but, there is nothing straight forward in this quarterly report, IMO, except the rape of elysium shareholders (and by association of the 60% holding...FLIP stockholders) by the people who charge outrageous salaries for double dipping in a penny ante stock...

The revenues did double to a humungous (not) $22K~ for the quarter, but the expenses up from $250K and are way out of line at $600K+(and this is indeed humungous relative to the revenues!), and they haven't even hired the new staff yet...Jeez, where is the SEC when you need them...this may not be Lehman or AIG or any of the other large threatened companies with huge (mis)management, but it is happening just the same. Will the government bailout you, when this is bankrupt, or merged with another MEDV, or whatever?