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skunksyard

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skunksyard

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Re: None

Wednesday, 09/06/2006 11:15:17 AM

Wednesday, September 06, 2006 11:15:17 AM

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"Although we had positive net income in the year ended December 31, 2005, we had a net loss of $0.5 million for the six months ended June 30, 2006 and we have incurred significant losses since our inception. As of June 30, 2006, we had an accumulated deficit of $35.1 million. We expect to incur significant marketing, engineering and technology, and general and administrative expenses for the foreseeable future. As a result, we will need to continue to grow revenue and increase our operating margins to regain and expand our profitability.
Results of Operations"

http://biz.yahoo.com/e/060809/lgbt10-q.html
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